Thursday, May 10, 2012
The Facebook Sales Pitch to Investors
I will not be buying the IPO. I don't see the durable competitive advantage of this company's business model. And quite frankly, I grew tired of using Facebook after about a month. So if a product doesn't appeal to me, I won't be buying into the company. Those who buy the IPO may indeed make money, but I'm looking for companies to buy and hold for 20 to 30 years and I do not see this company surviving anywhere near that long.
Subscribe to:
Post Comments (Atom)
This whole facebook thing gets a little silly after a while. Its one thing after another. All of those investors that thought facebook would be the next google have been greatly disappointed to say the least.
ReplyDeleteGet daily suggestions and methods for earning THOUSANDS OF DOLLARS per day ONLINE for FREE.
ReplyDeleteGET FREE ACCESS TODAY