Tuesday, June 05, 2012

No There There

Facebook's unpopularity grows because of it's stock price drop.

The oddest result to come out of the poll, although it may be the most telling, is that nearly half of the respondents now have less favorable opinion of Facebook than they used to simply because the IPO has been such a disappointment. Even thought the declining share price and frustrating technical troubles had zero affect on most Americans (or even the average investor) simply giving off the impression of a bumbling, unpopular company can change the customer's perception of it.
I suppose that can happen when your business is perception/religion/way of life, as opposed to a product.

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