Interesting but Facebook was absurdly valued to begin with. At nearly 100 times earnings, it seems to me that Mr. Market actually responded appropriately for now.
Facebook has already been monetizing using traditional revenue streams (ads) and there doesn't appear to be much left to do there.
They may have another ace up their sleeve, but it's not Wall Streets job to guess that they may.
Facebook has already been monetizing using traditional revenue streams (ads) and there doesn't appear to be much left to do there.
They may have another ace up their sleeve, but it's not Wall Streets job to guess that they may.