Facebook Jumped The Shark
With a disastrous IPO behind it (Launched at $38, touched $42, now at $28), and a full set of lawsuits ahead, the 'kick 'em while they're down squad' has gone into overdrive
Of course Facebook ain't dead, and it'll be a long time dying - just like the rest of the non-mobile web. I'll use it until they prise it from my cold dead hands!!
But I do agree that Facebook has jumped the shark - and I'll tell you the date - May 12, 2011.
That was the day that Facebook was caught with their pants round their ankles using Burson Marsteller to spread poison about Google.
At the time, it wasn't a killer blow. But once the doubts about the IPO began, that loss of trust in FB (and all their hired b-sh*tte*rs) crystalized into fear that the whole IPO was one big scam.
Of course it wasn't a scam - after all, FB believed their own PR by then, so they just did what powerful guys always do - help their pals and leave the little guy to pick up the pieces.
It all matters now, because the lack of trust will make breaking into mobile tougher; it'll make overcharging advertisers tougher; it'll even make schmoozing lazy journos tougher with their next PR effort.
No, Facebook ain't over, not even close. But yes, Facebook jumped the shark.
Of course Facebook ain't dead, and it'll be a long time dying - just like the rest of the non-mobile web. I'll use it until they prise it from my cold dead hands!!
But I do agree that Facebook has jumped the shark - and I'll tell you the date - May 12, 2011.
That was the day that Facebook was caught with their pants round their ankles using Burson Marsteller to spread poison about Google.
At the time, it wasn't a killer blow. But once the doubts about the IPO began, that loss of trust in FB (and all their hired b-sh*tte*rs) crystalized into fear that the whole IPO was one big scam.
Of course it wasn't a scam - after all, FB believed their own PR by then, so they just did what powerful guys always do - help their pals and leave the little guy to pick up the pieces.
It all matters now, because the lack of trust will make breaking into mobile tougher; it'll make overcharging advertisers tougher; it'll even make schmoozing lazy journos tougher with their next PR effort.
No, Facebook ain't over, not even close. But yes, Facebook jumped the shark.
Labels: Internet
posted by Andrew Heenan at
01:09
0 Comments
