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Joining us now here in New York City is -- haseltine he's the senior editor and techno buffalo dot com he got more on this FaceBook thing time.
There's a lot of buzz out that -- -- -- small invested they really wanna get into this thing if they could that -- and a half billion shares Icaza president 330 minute.
Are you gonna throw cold water on the -- on FaceBook.
I might have to just little bit because what -- -- here is institutional advisors are little freer investors rather are afraid of it in the overvaluation why I think it's because it.
They don't wanna touch something that has a lack of -- revenue model movie for these sort of -- -- becomes the mobile ad revenue or ad revenue in general that'll have mobile ad revenue and I think that's for the gonna need to build out okay in the united under the money.
Where the lines under the speaking English but it seems that a lot of people who go to FaceBook on mass Smartphones mobile my right -- yeah.
And -- Syria is the if you go to FaceBook on your Smartphone.
You don't respond to commercials -- ads you don't want him in the first place right they have -- law Facebook's ad revenue goes down because people are going to Smartphones -- look at FaceBook is that a story.
Exactly that's the story and they're gonna have to figure out a way to monetize that and they did try that with FaceBook deals in January and -- -- failing they pulled it.
And the reason that failed was because -- are offering deals on say Gap jeans but you're not walking around the block you know -- again.
You know two for one jeans today you're looking at you know deals at restaurants or something like that that's where they need to focus the way sort of four squares thinking revenues and I think.
They could pull in more revenue from sponsored post so.
Nike might have a website on FaceBook and if you access it from their goal of mobile phone you have ads there I don't think we're gonna see ads necessarily in our time once -- -- All right so break -- down about twenty seconds left you don't think that this is the explosive.
New share like Google was a few years ago it's not no I don't think so yet I think it's overvalued.
Obama really believe that that yeah when he four times the revenue.
That's overvalued to you.
Sounds like it that he just poured cold water on the hopes of millions all over but I think there are people that are going to buy because they wanna hit that 1980s Apple Stock yeah you know over yet but I.
We'll talk we appreciate your insight on this -- it is sold.
-- -- -- -- one months and a half defects which I shouldn't say that some stuff people find people I don't -- companies.
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