The Fall of Facebook

Hello everyone..

I apologize for wasting your time, but wanted to point something out to all of you in this post.

If you ever want to start a company, and then in your first year you receive several billion dollar offers, then I highly recommend you take them.  You can do a lot of good with that money.  Don’t pull the old “I’m doing this right thing, sorry, I don’t need the money” crap -  Don’t pull a “Zuckerberg” by turning down the moneyon something that has no sustainability or future.  I mean, seriously… I was probably one of the first people on Facebook back in the day and I saw this coming all along.

Why Are They Going to Fall?

1. Their revenue model sucks.  How are they going to make any money to justify all of their hype?
2. Their costs are way too high.  Seriously, do you know what it takes to run a website like that?
3. People are realizing that content = money.  People make the content, and so they are one by one dropping facebook and monetizing the information they have to offer the world.  Why the hell would you help someone make money from your life, content, and information when you can do it yourself?  Seriously, think about it.  This applies to MySpace too!
4. Any time you get this many fucking college and high school kids in one place, it’s bound to be a disaster.  Drama Drama Drama…  for every couple on Facebook, one of them leaves because of drama at some point.  It’s just a matter of time before the drama affects you and drives you FAR away from FB.
5. Zuckerberg is pissing everyone on the West Coast off!  I mean, if your idea is great, but your company is failing and living off other VC’s cash, then why the hell are you walking around and talking like you have a shield around you?  I have news for Zuckerberg…  He’s pissed off the only people that can help him.. bloggers, and media.  Even Arrington is pissed off at him.  Don’t deny it Michael - He took half your staff!

Look, I’m counting the days until MZ is just another millionaire like the rest of this country.  Until then, he can have his moment… he already passed on the billion dollar offers.

This is worse than watching some retard get greedy on Deal or No Deal and have the 1 dollar box at the end.