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Facebook IPO - Where Will it Go Today?

Discussion in 'The OT' started by Marlin Guy, May 18, 2012.

  1. May 19, 2012 #21 of 134
    Marlin Guy

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    I don't even see the ads on facebook, but I "like" several favorite restaraunts and retailers on there. They post specials or product information and that keeps me coming back to them and spending real money.
     
  2. May 19, 2012 #22 of 134
    Marlin Guy

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    If I'm reading the Membership roster correctly, this site has around 92,000 users.
    From my own experiences I would say that about 100 or so do the majority of the posting.

    Here's what kind of traffic Facebook is seeing

    [​IMG]
     
  3. May 19, 2012 #23 of 134
    sigma1914

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    Reading those are funny. People 'Like' the company just to complain repeatedly. They make rant threads here look mild. :lol:
     
  4. May 19, 2012 #24 of 134
    Stewart Vernon

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    True enough... but that isn't "traffic" by day... that is traffic all-time. You'd have to compare Facebook posts per day to posts per day in our forums to be closer.

    And even at that... I never said Facebook wasn't a success... just that it has pretty much reached its target/core audience already and thus likely has nowhere left to grow.

    I know it is a friends & family thing... but it has been around long enough that if your friends and family were going to sign up, they would have already.
     
  5. May 19, 2012 #25 of 134
    Marlin Guy

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    That's an interesting comment.
    Do you have any stats to support that?
     
  6. May 19, 2012 #26 of 134
    sigma1914

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    Read them... It's people complaining most of the time. Since you can't comment without 'Liking' the page, they're liking it to complain.
     
  7. May 19, 2012 #27 of 134
    Marlin Guy

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    So you're basically saying that DirecTV gets 60% more complaints than Dish does? I'd say that's a fair assessment. Sorry, I just didn't get what you were saying the first time. :)
     
  8. May 19, 2012 #28 of 134
    sigma1914

    sigma1914 Well-Known Member DBSTalk Club

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    That's not what I'm saying and haven't even remotely suggested that. Nice try at humor and sarcasm. You can stop trying to make it a Dish vs DirecTV thing, too, because it's not.
     
  9. May 19, 2012 #29 of 134
    Marlin Guy

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    Don't be so sensitive about it. If it hurts that bad just make the call and end the pain. :p

    I know what you're saying, and the same rings true for here or any other product forum.
    The majority of the membership is comprised of people who had a problem and were looking for a solution, or someone who wanted to complain in general.

    Satisfied customers generally don't bother saying how happy they are, because they are only getting what they expected in the first place. Good products and good services.

    Back to the main point regarding Facebook, you will notice that both companies have people assigned to monitor them for problems and complaints and both do a good job of responding to them and to trying to mitigate the bad press.

    Kudos to both for leaving the negative comments up and dealing with them in a public forum, which is exactly how it should be.
    The fact that they are giving Facebook so much effort serves as proof that they both believe that a strong Social Media presence is important.
     
  10. May 19, 2012 #30 of 134
    Marlin Guy

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    There are some 14,000 users on these forums who have posted more than 10 times.
    The rest of the 92,000 are what I would call single serving members.
    They had a question or an opinion, voiced it, got a response, and moved on.

    After they are gone, DBS Talk has no further means of engaging them, and thus presenting them with the ads that pay to keep the site up and running.

    Conversely, on Facebook, once a person "Likes" a page, new product announcements, information, and updates will appear in the subscriber's feed until they either block them or unlike the page.

    That is how Facebook is viable to any company wanting to grow their business, expand their market share, and to stay in touch with their customers.
    Smart companies, like DirecTV and Dish, put effort into it.
    Dumb ones, like GM, buy banner ads and then complain when the 20-30 year old demographic isn't buying Buicks.
     
  11. May 19, 2012 #31 of 134
    sigma1914

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    I knew you weren't a fish brain. ;) You do get it.
     
  12. May 19, 2012 #32 of 134
    Herdfan

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    A broker I play softball with says they guys in his firm are just waiting to be able to short it. They expect it to be a $25 stock because advertising growth is slowing and while more people are using mobile apps to access FB which limits advertising.
     
  13. May 19, 2012 #33 of 134
    phrelin

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    General social media forms puzzle's me.

    Forum's related to a specific subject area, such as this one, at least offer a way to interact with people who share an interest. I don't think I'd have an easy time finding anyone in my neighborhood who finds satellite tv, and related subjects, interesting.

    I don't get Twitter at all. It's simply an easy way to get into trouble.

    Facebook has strange elements viewed from my aging perspective, "friends" being one of them and "like" being the other. Those terms feel like a big con game.

    It seems like we've devalued "friendship". And even before Facebook "like" had "a very flexible range of uses, ranging from conventional to non-standard. It can be used as a noun, verb, adverb, adjective, preposition, particle, conjunction, hedge, interjection, and quotative."

    I understand people using IM or Chat (as it's called on Facebook) functions, particularly teens, but texting and talking on phones seems like a better choice.

    Then there are the pictures and personal opinions posted on Facebook. People really don't understand that privacy on the interwebs is a meaningless term, but "privacy" does have a meaning in our culture that can be significant to a person's life.

    Many people immigrated to this country because a lack of privacy allowed the imposition of values the conformance to which was offensive to their ideals. It really is hard for me as an American to wrap my head around this from Wikipedia:
    Even here on this Forum it is one thing to rant about Dish or DirecTV dropping channels. But when people post their anger in a way that reveals they haven't paid bills on time, I think it's a mistake that in our culture could come back to haunt them.

    And then there's what I consider to be the obvious. I guess it's helpful for us to know from his Facebook page when our youngest flies out of the city where he lives to somewhere. But it also might be helpful to burglars which I keep telling him to no avail.

    I'm old, so even if "the Gestapo" came to get me for expressing an opinion in public, I don't have much to lose.

    But privacy as we know it protects people from outright bigotry plus the many subtle forms of prejudice, from ethnic and religious to economic and political, that can be found in our society.

    With all that said, I guess I have to acknowledge that "The OT" here does function more like general social media.
     
  14. May 19, 2012 #34 of 134
    SayWhat?

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    From what I've been reading, one of the big reasons it stayed above that is because of the manipulators. Otherwise, it may have gotten down to 25 Friday.
     
  15. May 19, 2012 #35 of 134
    Marlin Guy

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    Facebook provides a granular level of control for privacy.
    A user can choose to be exposed to the world or they can choose who sees what, even among those who they consider to be their friends.

    Some people think the number of friends is some measure of popularity. I have cautioned many parents about their kids friending people they really don't know.
    I think it's some sort of psychological sense of self-importance to some to run the friends count into the 200+ range. Studies show the average human can maintain some 150-200 acquaintances, yet I see some of Facebook with friend counts over 1,000.
    It's not that different than having a thread dedicated to recognizing and congratulating forum members on achieving milestones in their post counts, as if that is some measure of their value to the community.

    So it's the sort of thing that has to be used with some common sense, like anything else these days.

    Events can easily be setup and people can be invited to them, which is nice.
    Sharing photos with friends and family is nice, but I'd never share mine with the world.
    I resisted Facebook for years, but finally signed on.
    It takes a while to get a handle on what it is and how best to use it, but I enjoy it now. It provides me with good information and easy access to the people I know and care about.
    Two weeks ago I was out of town and looking for a good place for Sunday brunch. I found a couple of places on Google Maps and then investigated them further by checking out their facebook pages. I didn't even consider looking at their websites, because I knew that the information there was likely to be stale and dated.
    I found one that I liked. The facebook page had a ton of likes and it looked like people were coming back again and again.
    They interacted well with the customers and the pictures provided a good insight into the kinds of foods they prepared and how the place looked.
    By the time we got there, I felt as though I'd already been there several times. It was familiar.

    So, like anything, it can be well-used or it can be abused. Or it can be ignored.
    To each their own.
     
  16. May 19, 2012 #36 of 134
    phrelin

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    I recognize that on a day-to-day basis for ordinary folks like my two granddaughters, there are effective privacy settings available on Facebook.

    But I also know that competent hackers can get into anyone's Facebook content. Of course, that is true for any web site.

    I think it is a bit different than congratulating forum members on their post counts. While we don't apply a qualitative standard to measure the posts, generally they represent contributions towards the objective of interesting discussion.

    Long before there was Facebook or even the internet I used to tease my youngest about his 10,000 closest friends because I felt he didn't adequately distinguish between "acquaintances" and "friends." I feel like his perspective has taken over. :(

    Ahhhh, "common" sense.:sure:

    Well, it's a little hard to invite friends and not acquaintances without risking hurt feelings even if you limit a Facebook entry to being seen by "close friends", a category which I haven't figured out how to set up without hurting someone's feelings.

    IMHO a photo on the internet anywhere is shared with the world.

    Me too.


    For dining out, we rely on OpenTable in our region, but check several sites for user opinions including Facebook.

    I guess in the end I'm uncomfortable with Facebook because it is a voluntary personal information aggregator. I'd like to at least make someone spend an hour learning everything there is to know about me.
     
  17. May 19, 2012 #37 of 134
    Herdfan

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    There is a coach/league president in my daughter's former softball league. Many of the kids in the league have asked to be his friend and he has accepted them. He should not have. He goes off on rants that are not appropriate for 10-12 year old girls. Parents should have better control.

    I have 5 under 14 kids as friends. And their parents. But I know I am not going to post anything that is going to embarrass myself or make their parents feel uncomfortable.

    My daughter wants a FB page so bad, but the rule is the same as the FB rule - 14 years old. She can have one when she goes to HS.
     
  18. May 19, 2012 #38 of 134
    Getteau

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    a big +1 on this. sometimes I just shake my head when I see people with upper hundreds of FB friends talking about their international trips or checking into places in other cities.
     
  19. May 19, 2012 #39 of 134
    spartanstew

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    That doesn't mean those hundreds of people know their home address. Or that they don't have security efforts in place. Or a house sitter. Or neighbors.
     
  20. May 19, 2012 #40 of 134
    Gloria_Chavez

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    Marlin, no one disputes that Facebook will be a successful company. Rather, it's a question of valuation. Facebook is not worth over 100B for 3 reasons.

    (i) Mobile. More FB users access it via mobile every day. And FB hasn't figured out how to sell effectively against mobile.

    (ii) Usually, the VC backers of a startup don't sell much of their position, if any at all, during an IPO. MANY VC backers have decided to sell 50% of their shares. This isn't a good sign. They sell out, and the "suckers" buy in.

    (iii) The whole intent thing. A Google user is intent on buying. Not so on FB. HUGE difference.

    Look, at 40B, FB is compelling. Not at 100B.

    How much upside from a 100B valuation? Not much. Google, a much better run company, is priced at a 200B valuation.
     

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