Skip to main content

GoldBook in making

With USD 500 million coming from Goldman Sachs, and in becoming the first website to go ahead of google on US charts , facebook is rocking these days.

Zuckerberg's master piece has converted the IAD into FAD, the facebook addict disorder, people getting crazy about it, with all brackets falling into the category, on one side where we have kids, students into it, the other side includes corporates and biggies using facebook as a daily food.
Facebook in 2010 surpassed the gigantic Google as the most visited website in the US, registering 8.9% of all US web visits between January and November 2010, according to New York-based Internet tracker Experian Hitwise.

However personally I feel that the craze for facebook is mainly due to the platform it has created for the people, specially the way it became a daily stuff due to regular innovations and needs.

Even in terms of finance, the Facebook has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, with this deal in kitty , our very own Facebook now worth more than companies like eBay, Yahoo and Time Warner. The stake by Goldman Sachs signals the increasing might of Facebook, specially on the bourses.

So is it a goldbook in making?

Well, from myside, the only question is, what else will facebook require to continue the momentum, cause it happened with apple, microsoft and google, a decline can come in facebook as well, the more IAD or Internet Addiction disorder spreads, the more we seek for newness in the internet, it becomes an innovation seeking disorder.

Ankit
Sent on my BlackBerry® from Vodafone

Comments

Popular posts from this blog

All they want is a pleasant experience for us

My experiences with this gloomy world continue. I may sound repetitive and annoying, but there's a reality check for all of us who think that the world is fine as long as the Covid-19 doesn't hit us and our paychecks continue to flow into the banks. 
The store in the picture is amongst the busiest in the area, always remains full and explodes with the people on the Saturdays. A typical brand in a store, let's say a Van Heusen makes about ₹200,000 to ₹220,000 of sales on the weekend. As of today, the store does about ₹10,000 to ₹15,000 of revenues of the same brand, and the footfalls are not even 5 per cent of what they otherwise used to witness. Ironically, a store of this size would have 8-10 salesman with an average basic salary of ₹10,000 to ₹12,000 a month and the balance they earn (~₹5,000-₹7,500) is all linked to the sales of the brand. For them, purchases from the store cover-up for the livelihood, savings and the investments and there are no concept of "work fr…

The new age crisis

I don't know who I should credit or discredit, but last couple of years have been incredible for India and it's people and it is not in a good way. Disappointed to note that the politics has completely taken over us and the ideological differences have reached our houses and personal devices. We are not only fighting amongst us on difference of opinion, but also ensuring that the dissent against a majoritarian view is killed to its core, to the extent that the voice is never raised against any impending thoughts or disagreements we may have. 
I am deeply saddened by the fact that most of us now are actually made to believe that the opinion shared by a larger section of society is deemed right since it has the weight of a the population around, and in case you have reservations to even contest that, you are probably branded as a threat. 
I may have had little problems with CAA or NRC if it wasn't done for the political incentives and the treatment of the people not sharing th…