Thursday, September 21, 2006

An Open Letter To the Executives at Yahoo

Dear Yahoo Executives:

Facebook is not worth $1 Billion! Sure, there are a list of reasons why you would want to purchase it. Some of the reasons include:

- Page-views on the site have grown 230% YoY (second behind MySpace, and greater than Google, Craigslist, Yahoo, eBay, et. al).

- It's one of the most highly visited sites on the Web.

- It has a demographic that advertisers would kill for, but is this really worth shelling out a cool Bill?

Facebook CEO Mark Zuckerberg is only 22 years old! Do you know all the trouble you would be contributing to if you paid a 22 year old $1 Billion?

Also, do you really think that you can seriously challenge MySpace (nevermind the fact that the site is just a advertisement piece of SPAM)? And what happens when college students (especially this generation) quickly tire of the whole social networking fad? What do you do then?

In closing, I really think you need to sleep on it, better yet, take the weekend and think about it. Take a couple days off, have a mocha, listen to some more of Lloyd Braun's brilliant ideas, and just think if this deal is really going to add value to the Yahoo customer experience.

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