Thursday, May 17, 2012

Fakebook IPO

A momentous event is about to happen, namely a social network is going to be publicly traded stock. Remember that close-knit gang of kids you hung out with in Junior High School? That's what just went on the auction block. Unfettered access to their trends and habits is valuable to manufacturers of acne cream and skinny jeans and that's what Fakebook provides. As one analyst said, "It created a better way to track social interests" which translates into: it created a better way to manipulate social interests. All the gossip, purchases, event attendance, loyalties and alliances add up to specific markets that manufacturers can target and Fakebook allows you to feed yourself to the lions via ego maniacal gossip. Narcissism is going for $38 a share.
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Man in the Van by Oggy Bleacher is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.