Facebook, a site where people meet and socialize - A site that claims more than 500 million users globally. A site that takes users privacy for granted. Facebook is currently valued at $50 billion dollars! Apple is valued at almost $300 billion and Groupon even spurned a $6 billion takeover by Google, believing it can do better on its own. The Tech offsprings of web 2.0 are all coming of age and playing the games of the Tech offsprings of Web 1.0.
But one thing is certain, it is investors beware as we begin the gradual but certain descent to the next tech-bubble!
But one thing is certain, it is investors beware as we begin the gradual but certain descent to the next tech-bubble!
People who care of their privacy, they quit Facebook, who don't care, they share everything there, it all depends. But I agree it's a bubble there, a bubble of life.
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