BillyS - 5:28 pm on Jan 4, 2011 (gmt 0)
That said, facebook is in a good position to take on google, and maybe that's why they're willing to invest, we don't know what's going on behind the scenes.
Someone has to explain to me how Facebook is in a good position to take on Google. They have two completely different offerings. If you're talking about Search, then I think you're underestimating Google's lead. Just ask Microsoft how easy it is to take on Google or Yahoo why they gave up...
The FB hype will reel in investors that are looking to make a quick buck. Get in early on the IPO, watch the share price go through the roof then dump the stock when everyone realizes the potential is very limited.