About Facebook

Sheryl Sandberg slashes Facebook holdings - FT.com http://on.ft.com/1hWZsRs vía @FT

Basically, the FT is telling us that Ms Sandberg is selling her Facebook stock to pay taxes, or just in case she leaves the company for better winds.

Which obviously drives this Tiny Probe to the obvious conclusions that 1) Facebook keeps to be overvalued and 2) They have no fucking idea of what their future business model will be like (and hence the revenues that should support the future value of the business).

Mark keeps on dreaming about virtual reality and consulting your doc with some augmented reality glasses on, and about launching satellites and drones to give internet to the poorer. He is trully a visionary. Ms. Sandberg who is the one running the business, instead is thinking WTF lets sell before someone finds out that our strategy is faaaaaaar away from our daily business. Like most of the companies out there, to be honest. But in the case of Facebook this is even more dangerous, as we are talking about a company that's all about trendiness, migration to mobile and with problems to engage with younger generations that dont want dad and mom to be their virtual friends at all.

Which leads me to some further conclusions. 

Will Facebook be the social network of the future? Definitely not, at least as we know it today. It has too many hurdles to overcome, and Mark's plans are way far over the clouds while the company sooner or later will struggle to keep up with revenue growth. Competition is fierce. New social networks will emerge. Or in my visionary tiny view, they will not even be social networks any longer. They will just be new ways to relate to your family and friends, through mobile and ubiquous, of course.  Maybe Apple has better chances integrating a circle of family and friends to exchange chats, pics, etc. They are already doing so, and they dont call it a social network any more.

I see the future. Sell your Facebook stock. Before its too late. And buy yourself a place to invite your friends and family for dinner and enjoy face to face interactions. Eventually, they will become the new trend around. 

Bye