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Dear Facebook, It Could Really Be This Simple

techcrunch.com

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Re: Dear Facebook, It Could Really Be This Simple

#2

Post by salman89 »

While I don't feel Facebook is doomed, this article really lacks meaningful content.

"And, if it can leverage the physical goods loophole on iOS, it can become the social shopping platform.

So buh bye lame “Social stories” and buh bye Amazon (which currently has a $100b market cap, around twice that of Facebook)."

Really, Facebook's save is social shopping... and that would upend Amazon?

Re: Dear Facebook, It Could Really Be This Simple

#3

Post by mtgx »

salman89 wrote: post #2

While I don't feel Facebook is doomed, this article really lacks meaningful content. "And, if it can leverage the physical goods loophole on iOS, it can become the social shopping platform. So buh bye lame “Social stories” and buh bye Amazon (which currently has a $100b market cap, around twice that of Facebook)." Really, Facebook's save is social shopping... and that would upend Amazon?

Sounds like a pie in the sky theory, like the one that floated around a few years ago that Facebook only needs to introduce search, and it could kill Google.

Re: Dear Facebook, It Could Really Be This Simple

#4

Post by jgroome »

Not quite sure what they're suggesting. A wishlist system, whereby I have a bunch of products in which I've expressed an interest? Some kind of digital gifting system where people pay money to buy virtual "presents"?

In the case of the former, we already have Amazon wishlists, or I suppose someone could go through my Pinterest and see what I like. In the case of the latter, if anyone actually bought me a digital gift then they'd probably get unfriended.

If Facebook can come up with a wishlist system to rival Amazon's then people will absolutely flock to it.

Re: Dear Facebook, It Could Really Be This Simple

#5

Post by redwood »

It does feel like FB could rake in enormous amounts of cash quickly if it really wanted to, but then doing so would kill its long-term viability. Trouble is it's current approach seems death by a thousand pokes. I suppose the execs who've already cashed out already had their payday. Sorry the saps who bought...

Re: Dear Facebook, It Could Really Be This Simple

#6

Post by ljd »

salman89 wrote: post #2

While I don't feel Facebook is doomed, this article really lacks meaningful content. "And, if it can leverage the physical goods loophole on iOS, it can become the social shopping platform. So buh bye lame “Social stories” and buh bye Amazon (which currently has a $100b market cap, around twice that of Facebook)." Really, Facebook's save is social shopping... and that would upend Amazon?

I'm also a bit confused by their statements about Facebook v Amazon. I think it stems from people thinking Amazon is the same old ecommerce shop it used to be in 2000.

I doubt Facebook will get into the SVOD, publishing, mobile device and supply chain business that Amazon is in because Facebook decides to build a wishlist app.

Re: Dear Facebook, It Could Really Be This Simple

#10

Post by majani »

mtgx wrote: post #3
salman89 wrote: post #2

While I don't feel Facebook is doomed, this article really lacks meaningful content. "And, if it can leverage the physical goods loophole on iOS, it can become the social shopping platform. So buh bye lame “Social stories” and buh bye Amazon (which currently has a $100b market cap, around twice that of Facebook)." Really, Facebook's save is social shopping... and that would upend Amazon?

Sounds like a pie in the sky theory, like the one that floated around a few years ago that Facebook only needs to introduce search, and it could kill Google.

Time's clearly up for selling investors on the future of Facebook. Investors want to see results now on these tech companies.
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