Well, anything's possible, and I'd even say that they might do something else that neither us nor them nor anyone else has figured out yet, but I can't speculate there. I see Facebook as a potential AOL without the dial-up service, but with more user loyalty, and a potentially unbreakable monopoly on IM. If they can focus on what they doing best -- helping people stay connected with their friends, and not get lost in the hype of dollar valuations they'll be fine.

As an investor, I'm short Facebook at an $80 Billion valuation.