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Facebook’s Dying and Libra Won’t Save It

Facebook's dead

Facebook Is Dying, Libra Won’t Save It, & Wall Street Is Clueless

via Medium.com:

I was the first person to call Mark Zuckerberg in 2004 and offer to buy the company (I was running Bolt at the time). In March, 2010, I published the first Wall Street style research report on Facebook on a Tumblr blog, with a $100 billion five year price target (it was actively trading in the private markets at $16B). For a brief while, I went back to Wall Street as a “Social Media Analyst” where I upped my target valuation for Facebook to $200 billion (per this clip of me on Bloomberg TV in late 2010)

Full Story: Facebook Is Dying, Libra Won’t Save It, & Wall Street Is Clueless

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