FaCeBiLK: 2.0 BiG 2.0 Fail 2.0
Here is what we know:
1. Their users don't trust them.
2. Advertisers like GM don't believe their advertising platform works.
3. They don't understand mobile.
4. Their crack design/engineering team is too feeble to design a simple photo APP like Instagram.
5. Their shareholders are dying to sell out in the IPO.
6. The valuation is hyperfrothy.
See you in the "Golden Turdball", and don't be late...
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