In the "too soon to tell" category, he suggests that YouTube looks overvalued, and that MySpace could be one of the BEST acquisitions of all time. Oops.
4 years from now we might be looking back at Facebook like we look at AOL now
This post was written 4 years ago. At that point is was too early to tell. Four years later we know YouTube was a pretty good deal. Myspace looked like a great deal for a few years. Now...not so much. It takes several years to know if things will work out or not.