The Whole Article

Do You Own Facebook? Or Does Facebook Own You?

I don't trust this company at all. From the article:

Then again, these are smart guys who have thought deeply about the ways their little planet can perish. They’re not wicked corporate invaders; they’re behaviorists and lawyers, psychology majors and big thinkers. There’s a moral undercurrent to their pronouncements—this is what they’re selling, of course—and they talk the talk so well, it’s hard to imagine they’re not walking the walk, too. “I don’t think of our users as customers,” says Cox. “That reminds me of someone coming into a store and buying a sandwich. We’re all Facebook users here, and our parents, friends, colleagues, and loved ones are Facebook users. This is a much more intimate relationship, frankly. We take it very personally.”

I'll take a good sandwich shop over Facebook any day...ya' condescending prick.

In the article, it lightly discusses the value of Facebook. Of course, Facebook is "worth" a ton of money, yet it has no idea how to make a profit. It's a ponzi scheme. The article suggests if Facebook were to charge users $1 a month and lost half of it's customers, it could reel in 100 mil per month. The obvious question - Why doesn't it? Because I doubt half of the customers would pay. Therein you find the value of Facebook - nada.