Could this be the beginning of the end for Facebook?
I don’t know, but I do know that I won’t be buying any Facebook stock anytime soon. No one can dismiss the heightened risk profile –the distinct possibility that it will be downhill from here.
On the one hand, I could care less. I deactivated my FB account a few weeks ago, but I’m agnostic about anyone else’s participation.
On the other hand, I have a sense we’d be better off without it — that it’s done more harm than good.
In any case, I’m out. And will be out. I’m also reading about other people opting out recently. But they tend to get the press. People joining are less conspicuous. So I guess we’ll have to wait and see the numbers when FB next reports.