"Facebook has a pretty clear path to socially connecting THE ENTIRE WORLD via the Internet, and has proven it can do it in a cashflow-positive way."
Yes, I see that they can connect. And maybe tomorrows revolutions will use facebook -- but the fact remains that I value my privacy and those of my social relationships. That's just it.
You might, but all the people using Facebook really don't. Especially the whole 13-33 contingent raised with the internet - the convenience of being able to keep in touch with your friends circle is worth more to them than their privacy.
If you think privacy concerns are going to hinder Facebook's profitability you're completely wrong.
Yes, I see that they can connect. And maybe tomorrows revolutions will use facebook -- but the fact remains that I value my privacy and those of my social relationships. That's just it.