Facebook food for thought – No. 4

May 26, 2009 at 9:04 pm Leave a comment

Facebook has sold a 1.96% stake for $200m (£126m) to a Russian internet firm, a move that values the social networking website at $10bn

$10bn for what? Access to a massive list of customers that engage with each other, that love your platform…

Lots of spin-off businesses will come from the alliances that are being formed with Digital Sky Technology’s (DST) and Microsoft. A quite clever, ‘traditional’ approach to business in the modern world. Where will this go. My predications:

  • Facebook announce another 2 or 3 aliances in the next 12 months
  • Joint spin-off products come out within 12 months
  • IPO within 18 months

Money on the barrel-head – let’s go…

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I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do... Leonardo da Vinci (April 15, 1452 – May 2, 1519)
May 2009

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