I'm confident Facebook will be able to monetize the rich data it's use voluntarily share......but I can't help but think if we will see an internet version of the video game crash of 1983. -
On the topic of Amazon....a couple anecdotes worth sharing....I was involved in the distribution buildout from just the Seattle Distribution Center through the first 2.5 million sq. ft.
There was SO MUCH MONEY WASTED it was insane.......but the old adage of "you can have it good, cheap, quick...pick any one" was very much true.
Also, Amazon's long-term debt(since retired) was denominated in Euros.......a deal done right about when the US Dollar peaked....it went backwards costing a bit of money as a recall.....but that was all happening around the time I departed.
I still think Amazon has a lot of potential......but agree completely.....current valuation is scary!
I'm quite interested to see how Amazon maneuvers thru a Peak Cheap Oil world.
There's still a lot of cubic air/void space being delivered all around the world.