Friday, May 18, 2012

Sell Them On Facebook

Facebook’s IPO was the largest in history for a tech company. However, investment experts have been critical of the $38/share valuation. While Facebook does generate revenue for its “click-through” advertising and paid games, its cash flow does not justify the $100 billion stock offering. In order for Facebook to truly become a company that can warrant such market prominence, it has to begin to produce and/or sell products. But what?



Amazon has books, music and films. eBay offers remaindered and liquidated products before they end up in a garage sale. Craigslist resells stuff purchased from garage sales and PlentyofFish redistributes broken hearts. It looks like there is only one more niche available for Facebook: Human trafficking.


Actually the idea is not all that far-fetched. Everyone has twice as many people as friends that they really need, or even know. Why not sell off unwanted Facebook friends? It’s easier that trying to figure out the “un-friend” process. Plus it could be a real consequence of Mob Wars. Losing players find themselves on a container ship to Thailand or Saudi Arabia.


People who participate in Farmville could take their livestock to market along with three high school acquaintances, two former co-worker and some guy you once met at a party whose friend request you accepted by accident.


Do you have a friend you won’t stop tweeting their activities? “At yoga. Bendy!” “At Wal-Mart. Savings!” “On toilet. Nothing doing!” Facebook’s new mobile slave-trade app will allow you to triangulate their location and put them up for a flash auction. GPS collectors will whisk these nagging chatterboxes off to their new lives where their statuses never need updating.

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