Re:"We are witnessing the beginning of the end of Facebook"
by noelchurchill on Sunday January 09, 2011 @03:02PM
(#2086249)
Media companies have a poor track record when it comes to acquiring big internet properties, as the author points out.
Goldman Sachs is a whole different story. Look up their investment profit track record and it tells a very successful story.
So what I'm really saying is comparing Goldman to Newscorp or Time Warner is a very bad analogy.
This may still be the beginning of the end for Facebook, and I wouldn't be surprised if Goldman rips Facebook to shreds to extract maximum profit, but the authors analogy doesn't hold water.
Goldman Sachs is a whole different story. Look up their investment profit track record and it tells a very successful story.
So what I'm really saying is comparing Goldman to Newscorp or Time Warner is a very bad analogy.
This may still be the beginning of the end for Facebook, and I wouldn't be surprised if Goldman rips Facebook to shreds to extract maximum profit, but the authors analogy doesn't hold water.