Facebook at $525M

Facebook just raised $25 million at a valuation of $525M. Well, at least this is better than the laughable $2 BILLION insanity that was flying around recently.

Facebook has all the potential in the world based on that they have conquered the tough college market. Yet they show NO signs of innovation. There are so many different ideas in their market they could easily monetize but they're not doing any of it. In fact, we have seen very little (if any?) innovative features from them since they first launched. They've penetrated the market about as much as they can (85% of the US college market). Now it's time to monetize the damn thing. I think it's time to send them the old Seamsmrt plan that's gathering dust on my desk.


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