Quote from Renegen:
I don't know why Facebook didn't sell out when they had the chance, now the growth period is over. What do they expect, to charge everyone 50 cents for each profile they view?
I'm talking to my friends and they're dropping their account, for various reasons. At first they're blinded by the positives, then the negatives arrive. Think about the sexual offenders on MySpace, you think anyone cared 2 years ago? Now it has become a critical item to handle for MySpace. These social networking sites are NOT perfect and require a big commitment. Sure IPO might work, but maybe it's also a bit too late.
Wrong again
I know how trends work
I know how wallstreet favors smarty companies
and sex predetors aren't a big deal. Myspace shows no sign of slowing in spite of a few rotten apples.