Okay, so … as far as being a person who understands IPOs and stock offerings and this recent Goldman Sachs/Facebook deal, I’m afraid I come up short.  I got a C on all this stuff in college.

But is anyone involved in this whole thing remembering how Myspace was so hugely popular and then Rupert Murdoch bought it for $580 million and it’s been down the shitter ever since?  Literally, a graveyard of dead profiles that no one visits.

It seems the people pouring this kind of money into Facebook are missing the “on to the next thing” nature of internet users.

Especially considering Facebook, for the most part, is the place I go to connect with my relics of past high-school friendships, see who else is having a baby, and get Farmville invites from my uncle.

I mean, I realize Facebook is the biggest website on the internet.  Bigger than Google.  But are people expecting that to last for the next decade?