Facebook - Huh?

[Finn]

Like we all need more social networking sites to keep us glued to these stupid computers. I joined Facebook to see what all the fuss was about and maybe I'm getting old, but I just don't see the bloody point. What happened to picking up the friggen phone and just talking or going out on a limb and organising a real BBQ with real food and real grog with your friends? No wonder the world is going crazy.

So anyhow, I read that the Company is valued at $NZ20 Billion. For god sake, it was just launched a little while ago! Yeah, good on the guy for spotting an opportunity and nailing it, but where's the real "value" in the damn site.

What's worse is the guy wears sandals but wait, there's more... he's a gindger! :oi-grr:

http://www.nzherald.co.nz/category/story.cfm?c_id=55&objectid=10471970

[Joni]

Yup, I signed up for it too...
Got bored pretty quick... I might check in once a week now if I remember!
:thud:

[jrandom]

I wonder what KB would be worth?

[bungbung]

about $3.50

[jrandom]

Is another online bubble growing?

I guess this valuation of FaceBook must be viewed in the same way as the valuation of broadcasting rights to a World Cup soccer final. Somewhere, someone's done the advertising revenue numbers, and worked out that they constitute an acceptable return on an NZ$20B investment.

Lucky ginga.

[imdying]

but where's the real "value" in the damn site.Advertising, there's your Golden Ticket.

[xwhatsit]

Facebook is quite popular amongst uni students and some of the more educated professionals; it originally was restricted to just Harvard students/graduates and then a few more Ivy League and other unis. Now it's open season, but a good chunk of the original `culture' still remains, so it's a lot more to-the-point compared with Myspace/Bebo, which are very teeny-bopper bright-neon low-braincell in comparison; although the recent proliferation of Facebook Apps seems set to change that.

Out of all the social networking sites, it's probably the one with the most chance of becoming legitimised in normal culture.

Useful? Well, that's open to intepretation. Good way of keeping in contact with friends overseas, sharing photos, the usual guff. Useful along the same lines that the Rant/Rave subforum on Kiwibiker is considered useful.

[Flatcap]

Useful? Well, that's open to intepretation. Good way of keeping in contact with friends overseas, sharing photos, the usual guff. .

So now we can be bored senseless by crappy snapshots whenever we want!!

[merv]

So where does the return on investment come from? What revenue does it actually generate? Can it just go poof and the money is gone?

[NighthawkNZ]

about $3.50

I'll buy that for a dollar

[imdying]

So where does the return on investment come from?Selling advertising on the site, like google adwords

What revenue does it actually generate?Some a little, some a lot... there's entire books on it, and plenty of info on the web.

Can it just go poof and the money is gone?Nope, it's all real money... the sites popularity can go poof and it's gone however, and that's the trick with IT investments like that, predicting the popular ones early enough to make a killing.

[Trudes]

My mate who's in London at the mo tried to get me on it, but I couldn't be arsed filling in all the info and uploading a pic and shit, then some random guy sends me an e-mail asking me to be "his friend" which then gives my hubby the shits, bloody hell!!:blink:

[mstriumph]

............ What happened to picking up the friggen phone and just talking or going out on a limb and organising a real BBQ with real food and real grog with your friends? .............


erm :whistle: is that an invite to a real BBQ at YOUR place?





thought not!!


it's 'cause 'online' is the only place some relationships exist i guess

[T-Thunder13]

yeah well i got so many invitations to face book i had to try. and its all just a bunch of ego tripping shit, yea whos got the most friends. however since joining i have found it usefull for comunication with old friends scattered around the world. so im a sucker for it. and i now have 110 friends who ive never said more than two words two but added me to make up numbers

[mstriumph]

yeah

that's right! it's all crap!!!










erm - wanna add me? :dodge:

[Trudes]

I prefer Oldfriends, at least they are generally people you know and can kinda remember.

[Jeremy]

It's a pretty cheap way to force mass adoption of Silverlight, that'll be why Microsoft bought that much of the company.

[boostin]

http://www.youtube.com/watch?v=5xqR7ZSh-Is

[T-Thunder13]

erm - wanna add me? :dodge:

hell yeah the more "friends" i have the cooler i look to all my other "friends":bash:

[T-Thunder13]

http://www.youtube.com/watch?v=5xqR7ZSh-Is

thats funny

[Skyryder]

I've been off my face too many times and a name like Face book is just a reminder. Took a look at the site a few days ago. More fucking forms to fill in. No thanks.

Skyryder

[Swoop]

Let us not forget that it is thoroughly endorsed by the CIA.

[xwhatsit]

It's a pretty cheap way to force mass adoption of Silverlight, that'll be why Microsoft bought that much of the company.

If they stuff Silverlight in there, that'll piss right off the large Mac/Linux community that are members.

The `friend-whoring' `add-me-add-me' ego-trip thing isn't as prevalent as, say, Myspace/Bebo et al. Suppose it depends in which sorts of groups/sub-communities you join and associate with on Facebook.

[Jeremy]

If they stuff Silverlight in there, that'll piss right off the large Mac/Linux community that are members.

The `friend-whoring' `add-me-add-me' ego-trip thing isn't as prevalent as, say, Myspace/Bebo et al. Suppose it depends in which sorts of groups/sub-communities you join and associate with on Facebook.

Why would it? Silverlight runs on those platforms. They just want to force uptake, and there's no faster way to get a large relatively tech savvy audience to upgrade than this. For 240 mil it's practically a bargain, as it provides developers a large userbase to target.

[xwhatsit]

Why would it? Silverlight runs on those platforms. They just want to force uptake, and there's no faster way to get a large relatively tech savvy audience to upgrade than this. For 240 mil it's practically a bargain, as it provides developers a large userbase to target.

I am sorry, just did a bit of reading and you're perfectly right.

The last I'd read about Silverlight was a long time ago, open-source people were getting all hot and bothered about yet another proprietary standard they wouldn't be privy to. After reading about Moonlight (open-source version of Silverlight, supported by Microsoft) it seems those fears were unfounded.

At least something useful came out of the Novell/Microsoft deal.

[Finn]

it's 'cause 'online' is the only place some relationships exist i guess

Erm, is that an offer?

[mstriumph]

Erm, is that an offer?

erm - no :confused:

[Conquiztador]

I think that the word "friend" is being de-valued.

To be my friend you have to be considered to fill at least two of my criteria:
- I have to like you
- I have to trust you
- I have to respect you.

The ones I can count on one hand in this world who can tick all three I consider real friends.

And no, I have never visited bebo or facebook. Probably never will.

[Fat Tony]

I joined Facebook to see what all the fuss was about and maybe I'm getting old

Here you go old timer ;)

http://technology.timesonline.co.uk/tol/news/tech_and_web/the_web/article2774211.ece

I don't get the whole social networking site thing either. Every buggar at work's on Facebook and seems to spend half their life at home and at work on it... does my bloody head in... just talk, phone, meet ffs

[xwhatsit]

seems to spend half their life at home and at work on it... does my bloody head in... just talk, phone, meet ffs

Hey yeah! Quick, phone SpankMe and tell him he doesn't need to pay those hefty hosting fees for KB any more! It's simple, all we're going to do now is talk to each other on the telephone and meet in real life.

[Fat Tony]

Hey yeah! Quick, phone SpankMe and tell him he doesn't need to pay those hefty hosting fees for KB any more! It's simple, all we're going to do now is talk to each other on the telephone and meet in real life.

:lol: Yeah fair point. What I was trying to say is that with my colleagues, they'll spend most of their day talking to nobody at work other than their friends on Facebook. Same in the evening, they'll go home and talk to their friends on Facebook rather than phoning, visiting, meeting at pub etc or even talking to their partner sat in the same room.

Sure it's not always possible with other commitments, but from where I sit Facebook seems to dominate their life. Their choice.

I appreciate that I'm probably in the minority as it seems that virtually the whole world and their dogs are on Facebook... hence the stupid valuation of it as a commodity

Yup, I'm old school :niceone: