Showing posts with label facebook. Show all posts
Showing posts with label facebook. Show all posts

27 October 2007

Preemptive tulips, anyone?

Microsoft has handed 240 million dollars to Facebook in return for an exclusive relationship, and I am mystified as to why. If Facebook has their act together, that sum of money makes Croesus out to be a piker.

[I have long been of the opinion that given clear objectives, five tightly focussed people, and half a million dollars, any site or application that needs building can in fact be built in less than a year. So why on Earth would Facebook need nearly five hundred times that much money, unless their hosting bills are higher by orders of magnitude than I suppose?]

What I beg to understand is, why? What’s in it for Microsoft? I see benefits, but not 240 million dollars’ worth of benefits.

The more I struggle to spin golden knowledge from the straw of this purchase, the more lost I become.

The environment feels altogether too much like that of late 1998, but at least the attendant false hopes are confined to a much smaller place in the public consciousness.