Facebook — A Bad Investment

One of the many benefits I have teaching at USC is to pick up on trends among the next generation even as they begin to coalesce. I mentoned recently the decline in stature of the student social network Facebook. As hot as it was with college students, it's cooling off now. So much so that founder Mark Zuckerberg (22) who dropped out of school to work it full time may regret not taking an offer in excess of the $1 billion range. Zuckerberg reportedly wanted $2 billion. (Consult Mark Cuban about when to sell). Viacom and Yahoo! were reportedly interested at the right price. A new BusinessWeek article reports "declining Facebook&hellip