I just pulled myself facebook, I got sick of all that faceless and meaningless interaction. I had nearly 300 friends and I informed everybody I would be leaving so they could give me their details and we could meet up in real life. Out of those 300 people, only 2 people gave me their details. That says a lot to me as it turns out nobody was really bothered, human interaction has become passive activity (when it should be much more important) and probably with a lot of people I was just a number.
I think Facebook is more paltable when you accept that for the majority of your acquaintances, you *are* a number, with or without Facebook. Before FB, did you really think you had the time in your daily life to have meaningful interaction with even just 20 people spread throughout the world? I don't claim to have close interactions with any but a dozen of the 12 out of 500-some FB contacts I have...but that's the way it would've been in real life too. So I do lose some time, maybe 10-15 min writing quick comments and voyeurstically checking out people who, without Facebook, I may not have given any thought to. But the tradeoff is that once in awhile I do make a valuable contact...say a long-absent acquaintance decides to move to my city...that would've only been knowable through Facebook. Sure, you can take the nostalgic-oldfashioned view that if that friendship was really worth something, that acquaintance would've put in the legwork to find my contact info and reach out to me when moving to the city. But that's like trying to argue that the old-fashioned way of meeting a girl by chatting her up at the bar or coffee shop is somehow more inherently meaningful and successful that Match.com. It is not necessarily so.
500 million for a very simple website that has people reviewing restaurants and shit? Half the people on Slashdot would be able to clone that website in a couple of months (working alone!), and the user base is *not* worth half a billion (BILLION!!!).
What is this world coming to?
Or, what am I missing? Is yelp.com offering something other than people subjectively reviewing things like food?
Yelp is the first place I go to when I want to find a new place to eat...it is extremely useful in a big city where there is no way that any other site or publication has reviewed all of the eateries. The tech behind Yelp isn't revolutionary, but it's a pretty slick site to use. more importantly, it basically owns the market for local reviews. Saying that a couple people could clone the site is like saying a couple people could come up with a Gatorade-like drink over the weekend...the response to which would be...So?
"Mr. McAfee will soon auction off his last big property because he needs cash to pay his bills after having been caught off guard by the simultaneous crash in real estate and stocks. "I had no clue," he said, "that there would be this tandem collapse."
After weeks of prodding by ProPublica and other organizations, the Government Services Agency released copies of the contract and related documents that are so heavily blacked out they are virtually worthless.
In all, 25 pages of a 59-page technical proposal — the main document in the package — were redacted completely. Of the remaining pages, 14 had half or more of their content blacked out.
Sections that were heavily or entirely redacted dealt with subjects such as site navigation, user experience, and everything in the pricing table.
The entire contract, in all its blacked-out glory, is here"
Scientists will study your brain to learn more about your distant cousin, Man.