The Student Room Group

GOOGLE vs FACEBOOK

Facebook is bubbling at a value of $60 billion.

Zuckerberg who I think most people will agree is a douche, owns 25% of the company.

Facebook has no competitive advantage other than users don't see a reason to move to any other network.


Goldman Sachs, some seedy russian investment house and plenty of other nefarious characters have stakes in facebook.

YOUR input, their reward.

When they have pumped the share price high enough, they will offload the shares on to average joe, mostly through mutal funds/pension trusts. We can stop them.

Create a community owned social network. No ads, no sale of private information.
Yes, this part has been attempted before, infact some people attempted to pay people to use their social network.


But I have one extra ingredient that may allow this venture to succeed when others haven't. Financing from an internet giant.

Google is very wary of Facebook's ambitions, and it's share of user attention while they are online. When people are using FB, they aren't searching. And who knows when FB decide to enter the search arena.

Google tried to compete with Orkut but failed and trying again with Google.me or Google circles.
What they fail to understand is that they do not have to win, all they need is for FB to lose.

Financing and cheap ads should be donated to a third party coop. They can then take the FB monsters down.

Each user will get a share in the network. If the users ever commercialise the network, they can receive dividends.

They can vote on features and policy. A true democracy. And best thing of all is they own their data and nobody elses profits from their efforts.

I had this thought a month or so back and thought it would be best to somehow get financing from Google secretly and acheive this. But I'm involved with other things, so working my way into Google and presenting it to them is not feasible. Also believe it's best to keep things pure and transparent from the outset.

Google remember, FB only has to lose for you to keep your position as top dog. In return for your financing, I'm sure the users will agree not to encroach on your territory.


again guys, this has just been a thought, but there's no reason why this flame cannot grow into a raging fire.

TSR, get this thread going, how amazing would it be if TSR were responsible for the next big thing on the web and the destruction of $60,000,000,000 of undeserved and/or illgotten paper wealth. Karma is a bittch so 'don't be evil' as Google used to say.
peace
(edited 13 years ago)
Reply 1
I always find it funny how the 'value' of Facebook is getting so high. I mean't their revenue is tiny, their profit is probably either non existent or tiny... Compare them to a company like Google who make huge profits almost all from advertising. I just wonder how facebook will ever turn a sizeable profit in their current model, it most certainly will not be from ad revenue that's for sure.
So basically Zuckerberg has made something of his life, created a multi billion dollar company, and you're jealous?
The stock markets are not illeagal, and unless you have any evidence that Facebook fund their activities through criminal enterpise then his wealth is neither ill gotten nor undeserved.
I will refuse to partake in your plan on the basis that you are a massive tool.
Reply 3
Original post by pol pot noodles
So basically Zuckerberg has made something of his life, created a multi billion dollar company, and you're jealous?
The stock markets are not illeagal, and unless you have any evidence that Facebook fund their activities through criminal enterpise then his wealth is neither ill gotten nor undeserved.
I will refuse to partake in your plan on the basis that you are a massive tool.


rofl, do you think i'm some commoner hating on the wealthy or successful?

I'm perfectly content, successful and wealthy. I won't profit anymore from this idea than any of the other users participating in the network.

It's because of attitudes like yours, people like me hold a disproportionate percentage of the world's wealth.

And when we try to be altruistic, we get unfounded critical feedback from the likes of you.
(edited 13 years ago)
Original post by justlol
rofl, do you think i'm some commoner hating on the wealthy or successful?

I'm perfectly content, successful and wealthy. I won't profit anymore from this idea than any of the other users participating in the network.

It's because of attitudes like yours, people like me hold a disproportionate percentage of the world's wealth.

And when we try to be altruistic, we get unfounded critical feedback from the likes of you.


If you hate your supposed wealth so much, give it away, don't hate on and attempt to sabotage other people's right to make money. Everyone want's to be successful and it only appears to be those who aren't who want to ruin the dream for everybody else.
I'd like to think one day I will be rich and successful and I sure as hell wouldn't want some little brat from The Student Room hating me for it for no other reason than I am more successful than him.

Original post by Ewan
I always find it funny how the 'value' of Facebook is getting so high. I mean't their revenue is tiny, their profit is probably either non existent or tiny... Compare them to a company like Google who make huge profits almost all from advertising. I just wonder how facebook will ever turn a sizeable profit in their current model, it most certainly will not be from ad revenue that's for sure.


This.

Though I don't understand why OP was negged. I quite liked the idea :daydreaming: but i'm just a layman :s

Hope you do make something of it though!! :h: Good on you for putting yourself out there + rep
Reply 6
Original post by pol pot noodles
If you hate your supposed wealth so much, give it away, don't hate on and attempt to sabotage other people's right to make money. Everyone want's to be successful and it only appears to be those who aren't who want to ruin the dream for everybody else.
I'd like to think one day I will be rich and successful and I sure as hell wouldn't want some little brat from The Student Room hating me for it for no other reason than I am more successful than him.


There's a word for that, it's called competition. Are you Zuckerberg's lovechild? Do you have shares in FB? I bet your a linux hater.

I mean, what is with this FB fetish you seem to have. You act like Mark invented the social network. There were hundred's before him, and there'll be many after.

Atleast with my idea, users wouldn't need to move anywhere else, as that would equate to moving from your own house to live in a hotel, when you didn't have to.

In all honesty, from the brief exchange of words that we've had, I cannot see a time where you'll be rich. You display none of the characteristics required to be a successful citizen let alone a capitalist.

Humility, confidence and imagination. If you take anything away from this conversation let it be those 3 words. You're clearly not that smart, but luckily for you a high IQ won't necessarily mean you do not fulfil your ambitions.

This hero-worshipping of celebrity and super-rich that you do and many others, is one of the primary reasons why you keep getting stiffed.

You are right on one thing, I shouldn't have got personal (the douche comment) and focused more on the benefits for the users. Thank you for unknowingly highlighting that.
(edited 13 years ago)
Original post by justlol
There's a word for that, it's called competition. Are you Zuckerberg's lovechild? Do you have shares in FB? I bet your a linux hater.

I mean, what is with this FB fetish you seem to have. You act like Mark invented the social network. There were hundred's before him, and there'll be many after.

Atleast with my idea, users wouldn't need to move anywhere else, as that would equate to moving from your own house to live in a hotel, when you didn't have to.

In all honesty, from the brief exchange of words that we've had, I cannot see a time where you'll be rich. You display none of the characteristics required to be a successful citizen let alone a capitalist.

Humility, confidence and imagination. If you take anything away from this conversation let it be those 3 words. You're clearly not that smart, but luckily for you a high IQ won't necessarily mean you do not fulfil your ambitions.

This hero-worshipping of celebrity and super-rich that you do and many others, is one of the primary reasons why you keep getting stiffed.

You are right on one thing, I shouldn't have got personal (the douche comment) and focused more on the benefits for the users. Thank you for unknowingly highlighting that.


I know what competition is you numpty, I just don't beleive in hating someone because they are more successful than you, which is why you hate Facebook. You have given no evidence as to why Zuckerberg's wealth is illegimate/ill gotten.
He saw a opening in the market, and through hard work he built Facebook into the market leader. You go ahead with your own rival, I'm not going to stop you, all I have said is that I wont join you.
And what's this crap about Facebook making you move?
And frankly I don't care what your opinion of me is, you don't know a thing about me.
However from your rhetoric it is clear that you are neither rich nor successful. You are no doubt a working class Trade Unionist 'man of the people' who can't stand the fact that Zuckerberg has made it in life while you will be working well into your 60's.
(edited 13 years ago)
Original post by Ewan
I always find it funny how the 'value' of Facebook is getting so high. I mean't their revenue is tiny, their profit is probably either non existent or tiny... Compare them to a company like Google who make huge profits almost all from advertising. I just wonder how facebook will ever turn a sizeable profit in their current model, it most certainly will not be from ad revenue that's for sure.


It baffles me how they have such a ridiculous valuation. I guess information is money and there is a lot that can be done with the information on Facebook. Someone, somewhere is trying to figure out what to do with it all.
Despite what they say, your entire account is NEVER deleted but remains on a database in a dark basement somewhere.
I guess the other thing they will do is start to offer more services and maybe integrate in to other services eg you use your facebook id to sign in to website X and they recommend you a tonne of crap/tailor it to you. Something like that.
Facebook wants to be a single sign on service, your portal to the INTERNET. That's the aim and that's power.

Twitter is in a worse position.
(edited 13 years ago)
Reply 9
Original post by pol pot noodles
I know what competition is you numpty, I just don't beleive in hating someone because they are more successful than you, which is why you hate Facebook. You have given no evidence as to why Zuckerberg's wealth is illegimate/ill gotten.
He saw a opening in the market, and through hard work he built Facebook into the market leader. You go ahead with your own rival, I'm not going to stop you, all I have said is that I wont join you.
And what's this crap about Facebook making you move?
And frankly I don't care what your opinion of me is, you don't know a thing about me.
However from your rhetoric it is clear that you are neither rich nor successful. You are no doubt a working class Trade Unionist 'man of the people' who can't stand the fact that Zuckerberg has made it in life while you will be working well into your 60's.



It's not MY rival. Anyone can start it. I just dropped the idea on this forum, that's it. I didn't have to.

The hotel reference - If users were part of a network that was collectively owned and fully democratic, and a feature or a gui was available on another network that they liked, instead on moving to that network, they could ask for their own network to adopt those features.

You don't have to care about my opinion, but it hasn't changed. You're clearly trying to adopt a conservative idealogy, and by doing so you think people will see you in a certain way. But it's too put on (imitative).

I assure ol' boy, I'm no man of the people and am staunchly conservative.

Anyway GL with your endeavours. ciao
Original post by justlol
It's not MY rival. Anyone can start it. I just dropped the idea on this forum, that's it. I didn't have to.

The hotel reference - If users were part of a network that was collectively owned and fully democratic, and a feature or a gui was available on another network that they liked, instead on moving to that network, they could ask for their own network to adopt those features.

You don't have to care about my opinion, but it hasn't changed. You're clearly trying to adopt a conservative idealogy, and by doing so you think people will see you in a certain way. But it's too put on (imitative).

I assure ol' boy, I'm no man of the people and am staunchly conservative.

Anyway GL with your endeavours. ciao


And I will have to assure you that I am equally staunchly conservative (hell if you could be bothered you could read my other posts on this forum) and this is no act.
I get the hotel reference now, but of course one problem with collective ownership is how to keep people interested in the project (see Ebsfleet United/MyFootballClub), and secondly funding. Ultimately Google will want a return on their investment, and I am interested to know why Google bankrolling a social network is any different to Goldman Sach/ Shady Russian businessmen.
Reply 11
Original post by pol pot noodles
And I will have to assure you that I am equally staunchly conservative (hell if you could be bothered you could read my other posts on this forum) and this is no act.
I get the hotel reference now, but of course one problem with collective ownership is how to keep people interested in the project (see Ebsfleet United/MyFootballClub), and secondly funding. Ultimately Google will want a return on their investment, and I am interested to know why Google bankrolling a social network is any different to Goldman Sach/ Shady Russian businessmen.


Cool. Only a small number of ppl will be responsible for the tech side of things. Most users will not have to change their habits.

They'll just have that extra satisfaction in knowing that this is their network, they have a say, an extension of them if you will.

Google's return is knowing they have stopped a potential competitor in their tracks who had the potential to give them trouble in the long run. Think of the resources they've spent thus far trying to compete with Facebook on the social side of things.

If ownership was an issue, in return for funding, free usage of google resources inc ads, dedicated servers and bandwidth, the 'people' could choose to give 5%.

hope that's clear enough.

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