And as for your jab after reading (or rather, misinterpreting) one blog post, we can simply agree to disagree.
Thanks for commenting and checking out my blog, though - happy holidays!
207 karma · joined April 26, 2011
And as for your jab after reading (or rather, misinterpreting) one blog post, we can simply agree to disagree.
Thanks for commenting and checking out my blog, though - happy holidays!
Also, even though Foursquare opened up a SF office, the key point is that it is BASED in NYC. The app still says "made in NYC." Dens is an East Coast guy, and that's what matters. If Zuck started Facebook now, he just as easily could have stayed in Boston or come to NYC (he's from just outside the city). However, in 2004, he had no choice but to go to the Valley.
While I agree that it's still in the hype phase, I could easily see FB hitting a market cap on the seconday market of $100B pre-IPO.
And with regards to raising way more than Google, FB is doing much more at this point in its lifecycle than Google was. FB is launching many more products that are more capital intensive than Google was back in the early 2000s.