Google is ads, it doesn't rely on them. See AK's response to pg in this thread.
I not saying anything about Facebook's ability to survive, I'm saying it's a bad investment because it is overvalued, hence we're going to see a correction in the tech market. It seems everyone is missing that point, choosing instead to go nuts about how ad-supported models are working.
Sure they're working, they're just very vulnerable. When you've got ad-supported models that are over valued, you're even more vulnerable.
I don't think you can use the depression as any indication of what happens during a recession though. In recessions, it's possible to effectively shield oneself from a good deal of harm, whereas the depression came and found you.
I agree with you on the last para. I think you're much better of controlling your own destiny in pretty much every case, even if you lose your shirt.
Google is ads, it doesn't rely on them. See AK's response to pg in this thread.
I not saying anything about Facebook's ability to survive, I'm saying it's a bad investment because it is overvalued, hence we're going to see a correction in the tech market. It seems everyone is missing that point, choosing instead to go nuts about how ad-supported models are working.
Sure they're working, they're just very vulnerable. When you've got ad-supported models that are over valued, you're even more vulnerable.
I don't think you can use the depression as any indication of what happens during a recession though. In recessions, it's possible to effectively shield oneself from a good deal of harm, whereas the depression came and found you.
I agree with you on the last para. I think you're much better of controlling your own destiny in pretty much every case, even if you lose your shirt.