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191–200 of 319 posts

Re: NASDAQ:FB

#191

If fb isn't worth $100B, how can Instagram be worth $1B? We are not in a bubble. Disclaimer: Bought some fb.

bad news: Instagram isn't worth $1B. sorry. hope you have a good cost basis.

How many stocks have the potential to be the biggest company in the world? Fb is one of them.

Re: NASDAQ:FB

#192

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

While I respect what it took to get Facebook to this point and realize it has helped millions of people. I still find the entire concept rather creepy, and much of there upper management sleazy. I also expect a lot of people to lose a 'lot' of money either directly or due to huge opportunity costs when buying Facebook stock.

PS: I have never signed up, and I know plenty of people that stopped using Facebook. I also see people spending hours a day while at work on Facebook so they could become a 500 billion dollar company, but it's got nothing to do with envoy that I have told many people to avoid the stock.

Re: NASDAQ:FB

#193
There is a fair bit of talk about what this will do for the angel community in SV -- Using Google as a bit of pre-history and what happened there.

Anybody got any insights into the different cohorts? Generalising like hell - But, I'm assuming Facebook angels will be quite different flavour to Google ones?

Re: NASDAQ:FB

#194

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

This is Hacker News. Where hard working entrepreneurs look for advice, hope, reality checks, and support.

Yes, Facebook has wildly exceeded what most people expected. But to build a social honey pot isn't to inspire other hackers/entrepreneurs.

I don't wish them ill but I also don't take any inspiration from Zuckerberg/Facebook. In fact, I learnt many things not to do (i.e. screwing your founders, doing shady deals, making immature decisions, etc.). Interestingly, Facebook has succeeded so far in spite of doing those things. And I give more credit to Sheryl Sandberg than Zuckerberg.

So excuse me if I don't agree that the top-voted comment on this thread should be words of praise for Zuckerberg.

Re: NASDAQ:FB

#195

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

This is hacker news. Are you seriously surprised that there is hate for a company that seems to be dedicated to working against privacy/anonymity on the internet?

That's not mutually exclusive with respect for a lot of peoples honest hard work.

Re: NASDAQ:FB

#196

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

Except it isn't quite as "rags to riches" or "one man's dogged perseverance against the odds" as "one guy and his computer" implies, is it? Mark stumbled upon the thing while at Harvard after goofing around with a few different concepts for fun (like most teenage/college hackers do). The site took off due to a mix of:

a). being birthed in Harvard (with all the clout, connections, mentoring and cachet that brings)

b). good timing (in terms of 2004 being long enough after the first dot com bust and before the crisis of 2008)

c). taking a fairly straight forward idea and improving on those before (live journal, myspace etc.)

The only cool thing about facebook as far as I'm concerned is the backend. Scaling a system to support 1 billion odd users is very cool and very interesting. Appreciating and respecting it on a technical level doesn't mean you have to appreciate Facebook "the whole", what it stands for or what it does. Also, just because it's an impressively engineered system doesn't mean it's worth 100+ billion dollars.

Edit: I guess I (and presumably some others) feel that the reward (a 100+ billion dollar valuation and 1000 millionaires created over night) doesn't immediately seem to translate to the effort spent getting there.

Re: NASDAQ:FB

#197
post #188

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

Agreed. The growing levels of envy and cynicism on hn is unhealthy. Trashing other people's efforts doesn't make your own more successful.

I agree. Nearly every mention in HN comments of a newly-successful tech company (Groupon, Zynga, Instagram, etc.) includes regurgitation of the same bullshit anecdotes used to perpetuate the narrative assigned to each company. I have always felt that envy plays a big role in which companies we choose to hate.

Re: NASDAQ:FB

#198
post #192

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

While I respect what it took to get Facebook to this point and realize it has helped millions of people. I still find the entire concept rather creepy, and much of there upper management sleazy. I also expect a lot of people to lose a 'lot' of money either directly or due to huge opportunity costs when buying Facebook stock. PS: I have never signed up, and I know plenty of people that stopped using Facebook. I also s…

How much of the upper management do you personally know? Have you actually met them, or are you just repeating the opinion of the hn mob?

Re: NASDAQ:FB

#199

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

Facebook was just an iteration over other social networks. If FB didn't exist today, things would be a tad different - we'd be using MySpace to connect, Flickr to share photos, and AIM to chat. It's not like they introduced the internet, or a cure to cancer.

Re: NASDAQ:FB

#200

This is Hacker News. The top-voted comment on this thread really should be words of praise for what Zuckerberg and his team have accomplished. Every hacker, every entrepreneur, every creator should derive inspiration and uplift from Facebook's story. It's a rare bright day in the middle of the worst economic environment since the 1930s. It doesn't matter whether the company will grow into a $100B valuation. It does m…

Except it isn't quite as "rags to riches" or "one man's dogged perseverance against the odds" as "one guy and his computer" implies, is it? Mark stumbled upon the thing while at Harvard after goofing around with a few different concepts for fun (like most teenage/college hackers do). The site took off due to a mix of: a). being birthed in Harvard (with all the clout, connections, mentoring and cachet that brings) b).…

Growing to a billion users is harder than you think. There were many other social networks, including ones started at other top schools, but only one survived, and it was because they understood what makes a site like fb work.
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