> Zuckerberg came to a compromise to be chums with the Communist party in China. I wonder if that will ever pay off especially when you are so invested now and the relationship is dictated completely on the conditions of the foreign government. If this is the beginning then I shudder to think what the next compromise will be that affects their end user. It sets an uneasy precedent for future prospects eager to capture the enormous market in China.
I'm really proud of Google that they just got up and left China once they realized it was a one way relationship with a lot of giving and giving.
I think this is a huge blunder from Zuckerberg and it definitely hurts Facebook's brand.
It also shows a more underlying urgency from Zuck, the stock price is tied to user base growth and without it, the perceived future value evaporates with it. That in turn shows how elusive this "zero-interest rate capital funded growth at all cost" is and it's starting to show cracks.
Recall the Porsche story during the 70s when access to capital was really great. The problem was they assumed capital would always be there but what happened was when they most needed it the market conditions have changed and Volkswagen swallowed it up.
Facebook's revenue models are coming under scrutiny as advertisers can't justify the ambiguous metrics and ROI.
I wonder who will buy Facebook, perhaps News Corp?