Thursday, May 17, 2012
What If They Offered an IPO for a Silly Company, and Nobody Bought It?
I know lots of people like Facebook. And that's fine. But, what is it about Facebook that even remotely brings its value up to such an astronomical level? The advertising potential? Really? Have you ever bought something you were not already going to buy because a "friend" "liked" it on Facebook?
And this is just my curmudgeonly, quasi-Luddite opinion, but about 75% of everything that is wrong with our culture can be summed up by the existence of Facebook at all. The very phenomenon calls to my mind this lovely quote from a Wall Street Journal editorial on September 1, 2006: The therapeutic ethos of recent years has encouraged each of us to get every thought off our chest, lest we suffer from the ordeal of civility. Engaging in face-to-face conversations, living within our communities, loving our neighbors as they are given to us from outside our control, measuring our words before we speak them -- these are the actions that civilize us, that build us up, that help us find common ground; emphatically not flinging posts at each other through cyberspace.
OK, leaping down from the soapbox now. I mean, it's not that blogging is much better, truly. But, it is more in depth and more about substance and thought than Facebook, I think. Wherever your networking fancy takes you, go with God. But, don't be surprised by the stupendous fall of Facebook in the near future. It is a very silly company.