FB is Not a Lay-Up

Posted by: Tom Keene on February 1, 2012

We think the world’s information infrastructure should resemble the social graph — a network built from the bottom up or peer-to-peer, rather than the monolithic, top-down structure that has existed to date.

—Letter from Mark Zuckerberg, 01 Feb 2012

Unfavorable media coverage could negatively affect our business.

—Facebook S-1, page 17, paragraph 1, 01 Feb 2012

I sweat.

Let me explain this as best I can. There are 150+ pages. Bonus! A F-1 Consolidated…whatever.

FB launches with the same earnestness of GOOG with most likely the same outcome. Higher.

I guarantee their market cap will be greater than the Eastman Kodak & Company.

I guarantee the plug-and-chug plug-ins will be of the same value as an analysis of Acme Widget, Inc. of Peoria, Illinois, 61614.

I use FB, 94025, each and every day. Many sundry (mostly females I know) use it much more.

I have zero clue. I turn to Paul Sweeney’s (Bloomberg Industries) and @PKEDROSKY ‘s view of the FB world.

Their view is FB is a slam-dunk, yet…FB is not a layup. Discuss.