Facebook keeps rolling. The company that was all the rage in 2010--finishing off with its CEO being named Time Magazine Person of the Year--starts 2011 with a big, Goldman-Sachs-aided investment. But Yahoo economics editor Daniel Gross is not easily fooled. He knows that nothing lasts forever. And now he's wondering if Facebook will peak this year. Gross and Henry Blodget discuss the peak potential of Facebook, along with that of gasoline, malls, and Apple, in this Tech Ticker video:
All this reminds us of Barry Ritholtz writing about a potential Time Person of the Year curse in December. Amazon's Jeff Bezos was named Person of the Year in 1999, and that marked the high point of Amazon stock for a decade. Read Uh-Oh: Facebook’s Zuckerberg is Time Man of the Year here.
Posted
01-04-2011 9:46 AM
by
Graham Griffith
Filed under: global business, Jeff Bezos, Facebook, Apple, digital, Daniel Gross, Time Person of the Year, iPad, trends, mark zuckerberg, peak, yahoo finance, business trends, henry blodget