Comments on: Would you invest in Facebook? http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/ Everything to do with thickening your wallet by entrepreneur turned President of an Investment Company Wed, 17 Mar 2010 13:21:25 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Thicken My Wallet » Blog Archive » Would you invest in Twitter? http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-18335 Thicken My Wallet » Blog Archive » Would you invest in Twitter? Thu, 19 Mar 2009 09:02:09 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-18335 [...] is so great, would you invest in it if you had an opportunity? Much like my previous post on Facebook, the question is not whether you believe in the utility of Twitter but whether you believe in the [...] [...] is so great, would you invest in it if you had an opportunity? Much like my previous post on Facebook, the question is not whether you believe in the utility of Twitter but whether you believe in the [...]

]]> By: Thicken My Wallet » Blog Archive » Would you invest in Facebook- an update http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-18238 Thicken My Wallet » Blog Archive » Would you invest in Facebook- an update Thu, 12 Mar 2009 09:03:22 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-18238 [...] May, as a hypothetical question, I wondered if I would invest in Facebook if I even had a chance. The answer was no. On the cusp of Facebook’s latest version being [...] [...] May, as a hypothetical question, I wondered if I would invest in Facebook if I even had a chance. The answer was no. On the cusp of Facebook’s latest version being [...]

]]> By: Mom2KG http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10897 Mom2KG Mon, 26 May 2008 14:23:43 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10897 I would not invest, but not based on the reasons you gave. I just would not invest in tech (except Microsoft, maybe). I just don't know enough, for one reason, and for another, I don't liie companies that don't have something physical as their product, or somewhere in their product line. How do you value software against, say, steel? Someone will always come up with a new idea that can sell, but I'm not sure anything has staying power. Having said that, I still use Facebook - just saw my ex-boyfriend has had a baby (with the girl he dumped me for 15 years ago, no less). Facebook showed me the baby, the boyfriend (satisfyingly bald now), boyfriend's family, etc - way more info than I got when I read the birth announcement in the local paper - one week later! I would not invest, but not based on the reasons you gave. I just would not invest in tech (except Microsoft, maybe). I just don’t know enough, for one reason, and for another, I don’t liie companies that don’t have something physical as their product, or somewhere in their product line. How do you value software against, say, steel? Someone will always come up with a new idea that can sell, but I’m not sure anything has staying power.

Having said that, I still use Facebook – just saw my ex-boyfriend has had a baby (with the girl he dumped me for 15 years ago, no less). Facebook showed me the baby, the boyfriend (satisfyingly bald now), boyfriend’s family, etc – way more info than I got when I read the birth announcement in the local paper – one week later!

]]> By: Riscario Insider http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10833 Riscario Insider Sat, 24 May 2008 21:38:38 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10833 I tried Facebook but didn't find it very useful. There's a novelty element at first but beyond that there was nothing compelling. There are too many "silly" features to chew up time and add clutter. Also I don't know many people using it. I've read various articles about how Facebook is going to change the world but am not convinced. I'd much rather post comments here on a public blog than in a "walled garden" :) I tried Facebook but didn’t find it very useful. There’s a novelty element at first but beyond that there was nothing compelling. There are too many “silly” features to chew up time and add clutter. Also I don’t know many people using it. I’ve read various articles about how Facebook is going to change the world but am not convinced.

I’d much rather post comments here on a public blog than in a “walled garden” :)

]]> By: admin http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10804 admin Fri, 23 May 2008 19:52:05 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10804 Well, Facebook is like Lavalife. You never know if those pictures are real or not! Well, Facebook is like Lavalife. You never know if those pictures are real or not!

]]> By: GIV http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10791 GIV Fri, 23 May 2008 11:55:01 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10791 I wouldn't invest in either for the reasons you mention and others, but to me, the Facebook vs. MySpace comparison always reminds me of Google vs. Yahoo. Google's real secret was its simplicity of design, I think. When I wanted to search for information online, I went to Google's spartan homepage because it was devoid of clutter. I wasn't bombarded with a bunch of crap I didn't care for. Yahoo was and is too busy. MySpace reminds me of Yahoo and Facebook reminds me of Google. MySpace pages always look like such a mess of seizure-inducing music and images. Facebook wasn't, to start, although it is getting away from it with more and more crazy applications cluttering up profile pages. But I always liked the simplicity of facebook's design. That said, I have no idea who is going to win the race to monetize the innate human desire to see which high school classmates turned out to be hot. :) I wouldn’t invest in either for the reasons you mention and others, but to me, the Facebook vs. MySpace comparison always reminds me of Google vs. Yahoo.

Google’s real secret was its simplicity of design, I think. When I wanted to search for information online, I went to Google’s spartan homepage because it was devoid of clutter. I wasn’t bombarded with a bunch of crap I didn’t care for. Yahoo was and is too busy.

MySpace reminds me of Yahoo and Facebook reminds me of Google. MySpace pages always look like such a mess of seizure-inducing music and images. Facebook wasn’t, to start, although it is getting away from it with more and more crazy applications cluttering up profile pages. But I always liked the simplicity of facebook’s design.

That said, I have no idea who is going to win the race to monetize the innate human desire to see which high school classmates turned out to be hot. :)

]]> By: Overbought Oil and Weekend Reading | Million Dollar Journey http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10784 Overbought Oil and Weekend Reading | Million Dollar Journey Fri, 23 May 2008 08:09:34 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10784 [...] My Wallet tears down Facebook as an [...] [...] My Wallet tears down Facebook as an [...]

]]> By: Rob http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10761 Rob Thu, 22 May 2008 15:42:29 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10761 I have to say that my usage has also diminished and that at first everything was exciting and new. I still use facebook today to load up pictures freeing up space on my computer. I also keep in touch with close friends. Thing is, facebook is expanding into other mediums and I believe they took a huge step with introducing instant messaging. It's also been stated that MySpace is a competitor, MySpace came first and facebook is taking market share away from them. I like facebook and do believe with better direction (from it's users) it could possibly be around for along time. I'd give it a small piece of my money if it were to go public. I have to say that my usage has also diminished and that at first everything was exciting and new. I still use facebook today to load up pictures freeing up space on my computer. I also keep in touch with close friends. Thing is, facebook is expanding into other mediums and I believe they took a huge step with introducing instant messaging.
It’s also been stated that MySpace is a competitor, MySpace came first and facebook is taking market share away from them.
I like facebook and do believe with better direction (from it’s users) it could possibly be around for along time.

I’d give it a small piece of my money if it were to go public.

]]> By: Gene http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10757 Gene Thu, 22 May 2008 13:30:06 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10757 Interesting idea. I agree with the previous poster: my usage was huge at first, but I'm now bored with everything on the facebook site. Casual acquaintances from 20 years ago were fascinating at first, but I just can't be bothered to follow their lives anymore. Interesting idea. I agree with the previous poster: my usage was huge at first, but I’m now bored with everything on the facebook site. Casual acquaintances from 20 years ago were fascinating at first, but I just can’t be bothered to follow their lives anymore.

]]> By: WhereDoesAllMyMoneyGo.com http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/comment-page-1/#comment-10754 WhereDoesAllMyMoneyGo.com Thu, 22 May 2008 12:08:05 +0000 http://www.thickenmywallet.com/blog/wp/2008/05/22/would-you-invest-in-facebook/#comment-10754 I'd pass based on my own experience using it - and how much my use has dropped. Most of my friends are slowly reducing their time on it and how much they use it as well. I've noticed that younger people still seem to be using it quite extensively, but I can see them quickly migrating to the next greatest social networking site without much thought. As you point out - there is no "moat" in Buffett speak. I’d pass based on my own experience using it – and how much my use has dropped. Most of my friends are slowly reducing their time on it and how much they use it as well. I’ve noticed that younger people still seem to be using it quite extensively, but I can see them quickly migrating to the next greatest social networking site without much thought. As you point out – there is no “moat” in Buffett speak.

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