The other day, I read that Twitter was trying to make its profile pages to look more like Facebook. A few weeks ago, I recall reading that Facebook was trying to make its real-time conversations look more like Twitter. I really don’t understand. So, why don’t these two tech lovers, both headquartered in the San Francisco Bay Area by the way, just get together and consummate. Then, we will have one giant social media called Facetweet. Think about all the time we will redeem if we post on just one social media platform. We will literally cut our social media time by half. Just think about how we will have more time to ourselves, how we could be more productive, and have a better quality of life. Maybe not.
Who will be the next Facebook? Wait! I’ll take that back. That doesn’t seem right anymore. A year ago, that might have been ok. Facebook as a startup before the IPO was quite a success, in terms of popularity, considering the number of users that have joined the social site. There were so much hype how much the company was worth.
Facebook as a company, after the highly anticipated IPO is quite another story. Facebook (FB) opened at $38 on IPO day. Today, a few months later, FB is faltering at $17.73. And it could go down even further. There doesn’t seem to be an end in sight. From an investment perspective, FB as a company is a major disappointment.
It’s a good thing, I don’t own any stock. Asking the question, who will be the next Facebook is no longer relevant. It has lost its meaning, luster, and it doesn’t really apply anymore. All this time, we should have been asking, who will be the next Apple.
Apple’s stock price has multiplied 56 times just the last ten years. Apple’s stock was a mere $12 a decade ago. If you have invested $100,000, you would have $5.6 million dollars today. That’s what you call a spectacular investment. For Facebook to get to even come close to what Apple has done is wishful thinking.
All along, we should have been asking, who will be the next Apple?
Facebook (FB) went down 6% closing at $21.74 for the day. With today’s closing price, Facebook is now 40% off its original IPO price. I’m sure some poor souls got burned by that hype. I remember reading an article a couple days after the IPO when the stock began to slide, where one analyst priced FB at $13. At the time, I thought it was out of reach. I said no way FB would slide that low. Well, looking at the price currently, FB is not that far off. If Facebook stumbles this quarter, we might see the stock hovering around $13. Not a distant possibility at all.
Matthew Ingram of GigaOm brings up a good point regarding censorship and Facebook. Although Facebook is a public place, it’s controlled by a public company. Although, it encourages free speech, it can remove content whenever it wants to. In the case of Roger Ebert’s Facebook page that was taken down, possibly due from the outrage caused by Ebert’s response to Ryan Dunn’s death on Twitter. Ebert’s Facebook page was later reinstated. Facebook, later apologized, saying the page was taken down by mistake. Interesting read.
Dropbox is one my all-time favorite application. The file sharing application gives you the ability to synch several computers by simply dropping a file to a folder. All your other computers (Windows, Mac or Linux) that have Dropbox installed, will synchronize automatically and get the updated files.
When you join Dropbox, you probably selected a free account that came with 2GB of disk space. To increase space, you can refer friends, family and others to join Dropbox and you and your friend will get an additional 250MB of space. I’ve referred several friends and now have 4.38GB. It’s nothing compared to someone I read online that had 17GB.
While referral is great, there’s another easy way of getting extra space from Dropbox. If you connect your Twitter account with Dropbox, you’ll get an additional 128MB. If you connect with Facebook, it’s another 128MB. If you follow @Dropbox on Twitter, it’s another 128MB.
If you tweet how much you love Dropbox, it’s another 128MB. Hence, my tweet about Dropbox the other night. All in all, if you do all of the above, you’ll get an additional 640MB of free disk space. Mind you, these are services that you already have, since most people already have Facebook and Twitter accounts. All you have to do is activate your free disk space.
To get your free space, just login to Dropbox and access Dropbox for free. One more thing, if you haven’t joined Dropbox yet, use this link to join. You and I will get an additional 250MB for using that link.