Category Archives: Facebook

A second post on the comments around Biernacki’s Reinventing Evidence

In the process of analyzing textual data, when should researchers reconfigure the text into numerical representation? (a) Basically never. Text should be kept “whole.” Textual data are entirely dependent on context. (b) Under certain circumstances. Depends on the research question. … Continue reading

Posted in book reviews, contextualized vs aggregative data, Facebook, intellectual property, Media and knowledge, sociology, Symbolic data, symbolic vs hard data, the database, theoretical drivel, Uncategorized | Leave a comment

Facebook monetizes key service

The ability to contact another person whom you’ve never met and doesn’t yet know you: this is a pretty valuable service to provide. How valuable? We shall see. Facebook announced it will start charging a fee for members to send … Continue reading

Posted in Facebook, intangible assets, intellectual property, prices, Symbolic data, the database, theoretical drivel | Leave a comment

The Facebook IPO shows…

The performance of the Facebook IPO suggests there is a gap between the cultural understanding of what is valuable and the economic ability to evaluate (or account for) this cultural capital. This gap will be difficult to overcome. The so-called … Continue reading

Posted in accounting, Facebook, intangible assets, intellectual property, prices, the price mechanism | Leave a comment

Is Facebook the biggest tech IPO we will ever see?

James Surowiecki, writing in The New Yorker: [C]ompanies like Facebook don’t really need the money that an I.P.O. raises. Thanks to things like open-source software and cloud computing, the cost of starting and expanding a technology company has fallen dramatically, … Continue reading

Posted in Facebook, intellectual property, money and finance, prices | Leave a comment

Best NY Times article on Facebook yet

The NY Times hits the nail on the head in this article on Facebook’s coming IPO, “Facebook’s prospects may rest on trove of data.” The key question is the value of Facebook’s data. What Facebook already has — more than … Continue reading

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Facebook IPO spin war

From NY Magazine: An IPO as massive as Facebook’s — expected to raise over $10 billion and value the social media company at around $100 billion — means lots of rich, rich investors want to douse the hype and lower … Continue reading

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Is the Facebook IPO worth $100 billion?

To ask is the Facebook IPO worth $100 billion is to ask whether Facebook is a future blue-chip company. And the answer is complicated. Facebook’s 2011 revenue of $3.7 billion — and declining — suggests the price is getting over-hyped. … Continue reading

Posted in contextualized vs aggregative data, Facebook, intangible assets, intellectual property, symbolic vs hard data | 1 Comment