May 2010
1 post
Lou, interesting read. my only concern is the assumption that Facebook can actually monetize its users. Given that it already compares with Google as far as traffic, but barely touches Goog’s revenues makes me think of so many other internet companies that succeeded in catching eyeballs but fail to monetize. Nevertheless, compelling valuation story if they deliver.
Deric Hetzel
March 2010
1 post
8 tags
Facebook - The World's Dominant Media Company
THIS POST IS REPRINTED FROM A RESEARCH REPORT PUBLISHED 2/28/10 ON THE RESEARCH SITE TRACK.COM, A SUBSCRIPTION SITE FEATURING THE WORK OF EX-WALL STREET ANALYSTS
Current trading price in private market: $38 Target price: $100
Overview:
Facebook is the most powerful website the world has known : With over 400 million reported users spending an average of 55 minutes per...
February 2010
2 posts
7 tags
The Fastest Growing Club On Facebook This week...
…..“I don’t care about your farm, or your fish, or your park, or your mafia.” The club has doubled in size in the last 48 hours to…. over 2,000,000 members. I beleive it will double again in the next 48 hours. The phenomena highlights two things, and they are both quite obvious.
The first is that the notification system used by Zynga and others about the minutia of the progress of their...
16 tags
A Construct For New Media
Written by Lou Kerner on Wednesday, February 3rd 2010
Back when I was an equity analyst at Goldman Sachs following media companies, the question I got asked most often was “What’s more important, which is king, content or distribution”. It’s an age old question, which I always answered the same way. Depending on the day, one might seem more important then the other, but over the long run they...