Well this is a jolly thread isn't it.

Yep, Harvard trained professionals are just as clueless as the rest of society - they just think they can make a difference. They do, just not in the right way much of the time. I bet there's still mathematicians in MIT and Harvard attempting to make a formula that guarantees markets don't crash http://www.discussworldissues.com/fo.../rolleyes1.gif

Is there anyone in the world that you have anything positive to say about?

Yes, my socks. They've lasted me 2 years and not got any holes in any of them.

It doesn't surprise me that you consider your socks to be real people.

:P I read that as anything... http://www.discussworldissues.com/fo...ies/laugh1.gif

woohoo!! finally some laughter!! http://www.discussworldissues.com/fo...lies/cool1.gif

I don't use twitter, so I don't know how much it relates to facebook. From what I've seen, the only thing that compares are the status updates..

You're still not quite there.

OK, there is a girl that you and your mate both like. Who do you want to have her?

More like; this girl you are **** buddies with is sleeping with 3 other people, so you buy her heart and let her sleep with other guys.

That's basically what Facebook did.

Will facebook get jealous and stop her talking to the other guys though?

I just don't get how Facebook are saying that they're going to keep Instagram as a standalone app, dunno how that is supposed to help their big picture.

I wouldn't bother trying to second guess it personally. They will have plans that won't become public until they are finalised.

I'm not second guessing it, I'm just thinking that they won't keep it a completely separate app for long.

are you a facebook insider though?? you seem to have an aweful lot of faith in a company that is run by a 27 year old..
not saying that means it'll suck, but still they could make bad business decisions too. In this cause it doesn't really matter because they have enough money anyway.

btw the girl analogy seems bad, because facebook could create their own app (get a much better girl) and spend less.

Age means nothing. Old(er) people make bad decisions too. And it's certainly not just him making decisions; he'll have quite a few non-executive and executive directors advising him.

You seem to have an awful small amount of faith in a company based on someone's age. Looking at their track record, they seem to make some pretty good decisions for their company. http://www.discussworldissues.com/fo...ies/laugh1.gif

I found this pretty funny:
https://twitter.com/#!/textinstagram

No, that's why I said that personally I wouldn't try and second guess it. I consider myself wise enough not to try and second guess the inner workings of a business I am not involved in though.

As for age....there are 13 year old kids making better business decisions than some 60 year old CEO's. People either have insight and understand business or they don't. Gone are the days when you can get away with patronising someone for being young in order to make yourself look more intelligent.

well... sure there are wise kids out there, but I still think a billion (think about it for a bit) is an insane amount of money. Most companies (even rather succesful ones) can not even reach that amount of revenue in a year, let alone in profits.. I think these days, companies are throwing around huge sums of money and act like it's a 100 bill.

politicians too