AP and CNBC research is clearly flawed… I am in NO WAY a fan of Facebook, and do not get into so much social networking via Facebook… And I think Zuckerberg is just another Silicon Valley Nerd/Thief that stole the idea from others. But I have to be fair, and say that “research” conducted by AP & CNBC, painting Facebook up as a ‘fad’ is in no way fair.
A fad, by definition, is something that will eventually die out… Certainly MySpace was a fad, as it died out quite quickly…. But Facebook has gone way past the ‘fad danger stage’… It’s now got such a solid userbase and history behind it, that it is going to stay a financially valuable social media company for many years to come (and that’s NOT a fad)…
I just wonder, -as Facebook prepares for public float- why CNBC and AP have painted some crappy research results up as Facebook being a fad? What is their true motive?
Read full report here -
http://news.cnet.com/8301-1023_3-57434381-93/facebook-is-a-fad-say-half-of-people-polled/
(or read full report below)
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Facebook is a fad, say half of people polled
Facebook has more 900 million users as it prepares to launch a new IPO this week. But a fair number of people aren’t too excited about the popular social network.
Half of the 1,000 people polled by the Associated Press and CNBC called Facebook a passing fad. A majority of those surveyed (51 percent) have a favorable impression of the company, while 23 percent have an unfavorable opinion.
But in light of the upcoming IPO, the survey focused more on Facebook’s value as an investment.
Half of those polled believe the initial asking price is too high, while just a third feel the value is appropriate. But those results are based on Facebook’s original asking price.
The company today revised its S-1 Registration Statement with the Securities and Exchange Commission to price its initial public shares between $34 and $38. That’s an increase from the $28 to $35 range that Facebook first announced.
Still, more than half of the people polled said that Facebook would make a good investment, while 17 percent said they’re just not sure how the company will fare after it goes public.
CEO Mark Zuckerberg grabbed mixed results in the poll.
Half of those questioned said they were neutral, don’t know how they feel, or have never even heard of Zuck. More than a third see him in a favorable light, while 14 percent have an unfavorable opinion.
Among active investors, 42 percent have a positive impression of the CEO, while 14 percent are more negative. Zuckerberg’s age and reputation had little impact on the opinion of those polled.
But Zuck’s skills at running a large, publicly-traded company was another matter. Only 18 percent said they have deep confidence in his ability to run a public Facebook, while 40 percent said they’re “somewhat confident.”
As usual, privacy was a hot-button topic.
Only 13 percent of the people polled said they trust Facebook “completely” or “a lot” to keep their personal information private. More than half (59 percent) said they have little or no faith in the company to protect their privacy. And almost a quarter said they don’t even use Facebook because of privacy concerns.
The survey was conducted by phone from May 3 to May 7 and solicited the opinions of 1,004 people.
![Two very unhappy guys! The Australian Labour Party (ALP) stabs its own leaders in the back, decade after decade. And when these former leaders finally speak out, they have nothing but bitter things to say about the ALP. How could anyone trust this Party to run the country?
Well, this is how they have usually gained power:The ALP always tries to win [or keep] power by (1) bribing unethical Union bosses, (2) brainwashing gullible and idealist University students - who are always too young to remember the last terrible time the ALP had power [and always think the grass is greener on the other side] and more recently, (3) the ALP have gone after the new migrant vote - again - people who are gullible, thinking that if there is a change of government, their migrant experience will somehow magically improve.
So when the ALP want power, they go after: * students and migrants(THE MOST gullible voters!) and —- * elitist Unionists and Union supporters (who are almost always lazy, usually -at least- unethical and greedy, if not corrupt! ….. Also, just like the ALP voting students, the Unionists are often ‘ill-informed idealists’ who have this imaginary picture of a perfect past - that never really existed in any history!)
Well, to all of you gullible fools that voted ALP: You got the government you wanted, and now you have been paying a very dear price the past few years…](http://25.media.tumblr.com/tumblr_m2fdvbcoyA1r61q2io1_1280.jpg)
