May 09, 2012

Bostonian FB


Facebook met with over 200 Boston investors today. Boston attendees said an IPO hasn't drawn such a crowd since Blackstone went public in 2007, reports CNBC's Kayla Tausche. Caution appears to be the word...

The Facebook game face offered to investors first in New York and now Boston is indeed very reassuring as well as self-assured, despite the steady decline of its shares ever since they were made public... Makes one wonder if the Zuckerberg Wunderkind is not more like an iceberg-to-a-Titanic after all - but let's not get so somber straight away here...

For the program offered to all of these investors, here and over there, reeked of positivism and enthusiasm. Questions raged right after the FB-WZP (Wunderkind Zuckerberg Presentation), however; questions and doubts over the growing research and development facets, as many believe it has already peaked as it is. And it most probably has indeed... And what if FB was only a fad that has already peaked as well? What then - what now? And what to do for the future of this thing, especially if you are one of those lucky shareholders already. There are so many concerns over the feasibility and viability of ongoing operations in China as well as the overall relevancy of the ad selection - and ads are paramount to Facebook's success as it is its true source of revenue. For, otherwise, what can FB do, really? Charge its users per amounts of ''likes'' that they give out...?  Tax everyone with 200 and more friends...? Ask for a special anomymity fee from every one of their users who are so obviously using the service under a false identity...! Okay now - let's not give them any ideas...

Ultimately, Boston investors, shrewd and wise as they are, voiced their internal interrogations whether Facebook, despite all the hoopla and its over one billion users as we, er, blog, well, is it to be profitable in the long term or are we talking about the dreaded ''profit at a cost'' scenario here? 'Tis would be, truly, an all-too familiar sorry sight for Bostonians eager to jump in and invest in this venture, as the old syndrome of ''addition through substraction'' has plagued so many Boston-based businesses throughout the decades... But we will not get into that here and now...

As long as Bostonian investors remain smart-alecky as they've always been known to be, don't jump on any bandwagon and do not succumb as so many others (hailing from NYC, for example - NYC and other purported-to-be ''trendy centers'' of attraction for whatsnot...!) there should be nothing to fear here, in good old Beantown - whether FB sinks ever further or finally halts its descent but remains widely sub-par in its performance, in the eyes of the Zuckerberg fanatics exclusively...

No comments:

Post a Comment