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

Give reasons to smile :-)

Everyone in his life has a wrap of worries and concerns, Someone is worried for his career, someone has a family related issue, lot many are strucked in business, few are just too busy with the tension of studies, a lot many are busy with the tensions in friendship and amongst the friends... In my opinion, giving others a reason to worry is an easy task, it takes just fw minutes to hurt anyone, slap him, hit him, say him something undesired, it'll solve the purpose... but for spreading smiles something extra needs to be done.. it is difficult to manage tears than to bring them from someone's eyes. its too difficult to make others laugh from the heart... Looking at few of my peers ( not my close ones frm instt) , i find ppl changin for their parents, why do we tend to forget them ? when we grow? , why our friends become more important in a way tht they take a pie from the share of our moms and dads.. how many times do we think before saying a lie to our moms and dads. Hw do we ...

CRYSYS... The US Meltdown...

Pick out any news paper of today, i guess we have around 65000 newspapers that are registered.... The headline for today is Financial CRISIS... Our country is being affected by the global crisis, that have started from US's sub prime loan issues...  Well , its no surprise , if u look at the following few points.. you'll get an idea on the reasons: Most of our exports in the US, if they go down,we need to bear We have ample of foreign reserves in dollars, any change in their economy has a direct impact on ours. Many of our financial institutions have a connection with the investment bankers of US and  Europe, The prob of foreign exposure can be seen. Our Indian Stock market is very sensitive to information and sentiments, we are just followin the trend. The US is slowing down significantly and the US investors are at risk. That is something, which is a serious problem. If you look at market behavior, over the last 10-15 years, whenever the Fed cut rates, it has normally been goo...

Being there to somewhere.. Life Surprises(4)

PART 4 Related Parts:  PART 10   PART 9  PART 8  PART 7  PART 6   PART 5   PART 4   PART 3   PART 2   PART 1 With the post-graduation stepping into my life, the fear of being grown up kept rolling my mind. The exams and pattern of studies, although, had no fundamental change, but the pressure of higher studies had a superior space. Not that studies changed, neither were we getting scanned in the rule of autocratic professors, my mind had an urgency, an urge to just get into earning mode. The thought was to get whopping first salary of 2.26 lacs pm and do away with education loan :-) (Obviously Reliance Adag's campaign induced me to think bigger and better).