Proof that it is just vapor
This announcement proves what investors have feared from day-one of the FB IPO. Zuckerberg does not know how to monetize the mobile platform. By gaining control of the mobile experience, FB might start making real money in the mobile world. Operative word is might.
I have asked friends who have FB accounts: "Would you pay $1 per month for FaceBook?" The answer 100% of the time is "No." Without a complete understanding of the mobile market, FB is destined for failure.
The next desperate move will be devices with the FB brand. They have to control the experience completely, otherwise they just can't make money. In the end it is just vapor. Good luck Zuck'.
This announcement proves what investors have feared from day-one of the FB IPO. Zuckerberg does not know how to monetize the mobile platform. By gaining control of the mobile experience, FB might start making real money in the mobile world. Operative word is might.
I have asked friends who have FB accounts: "Would you pay $1 per month for FaceBook?" The answer 100% of the time is "No." Without a complete understanding of the mobile market, FB is destined for failure.
The next desperate move will be devices with the FB brand. They have to control the experience completely, otherwise they just can't make money. In the end it is just vapor. Good luck Zuck'.