A bit of current events here and the state of the global economy.
Has facebook made a mistake in making it's company tradeable?
Considering the instablility of the market and the past trends of social networking the company takes a huge risk in going public. Are they integrated enough to take on something of this size?
Many ventures on the internet have failed or become obsolete due to being trumped by better or more integrative ideas ie. Napster, Myspace, Limewire, and countless others. While most are still around they give way to more innovative ideas.
The past successes are definately Google and Yahoo. They each provide a substantial tool for the internet user. Also ebay and Amazon. While I believe facebook has the edge in social networking, I wonder if it's too soon as the idea of networking has not "settled" into a forseeable market niche.
Perhaps I am completely wrong as facebook is jumping on securing the social networking market of the internet. They may just be the market holder in this corner. They are certainly putting up the money to do so and risking it all here.
Is this corner of the market still unstable? Or have they ultimately capitalized on a huge opportunity?
Edit: Also is their product/service strong enough to survive the changing digital age?