tag:blogger.com,1999:blog-3262896089589464453.post7436141824952884306..comments2023-11-02T04:15:21.843-05:00Comments on Mastering IT Strategy (SMG-IS714): Spring 2007: Facebook and the Value of Social NetworkingAnonymoushttp://www.blogger.com/profile/17743943841569898151noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3262896089589464453.post-36415151103346972752007-03-21T13:36:00.000-05:002007-03-21T13:36:00.000-05:00Mark Zuckerberg is a cocky overconfident individua...Mark Zuckerberg is a cocky overconfident individual. Refusing to sell his baby for $1B is a classic Web 1.0 blunder. Hindsight 20/20 who wouldn't want to sell Cisco for $80 a share. First of all his business cards read, "I'm the CEO, bitch." Second, there are times when any market gets over estimated and that is when it is time to bail. Did MZ really expect to rival Bill Gates? If not, what is the point of holding on? 1B is more than you can spend in a lifetime, and the ability to start other ventures would be quite significant. This guy was sitting on the winning ticket and he should have taken it. Facebook will be worth 10M in five years. I will take all bets on this. The losing standard becomes worthless, particularly in a digital world. See Metacrawler.JIhttps://www.blogger.com/profile/15996683424953175629noreply@blogger.com