Investors finally realizing Facebook has no clothes

The way you know that is, this is a post from ITworld. Overwhelmingly, posts from ITworld only land on HN when they're posted by bot accounts. There's a long history of them.

I was under the impression that this was OK, but 'pg pointed out last week that he just hasn't gotten around to detecting and booting these accounts.

In the meantime, I'll help do it manually by flagging the story.

I think Facebook needs to seriously think how they can monetize aside from ads. Obviously with all those users and data, the possibilities are endless.

• Job boards and paid job postings • Get people to shop for stuff. • Subscriptions services: Dropbox style storage, who knows what else, etc. etc. • Get more local and offers deals. You know where a billion people live. • Offer business services for businesses pages. Upgrades, focus on ecommerce on business pages and charge for it. • + Who knows what else? They can be a million other things.

I just thought about this for 5 minutes, and I am sure people that actually work at Facebook have weeks, months and years to think about this. I have no idea why they aren't moving faster with this.

From what I see, they are all in on FB Ads, but that wasn't the way to go. Maybe it was the surest thing in the beginning, but now - they really need to step it up.

My 2 cents.

Is this bad news for Facebook? Sure, the company is getting a hammering in the press. Have they made out like filthy bandits from the IPO? Of course. They've sold enough shares to keep going for a long while, but unless they can find a truly innovate mobile strategy they'll burn cash like no ones business.