Facebook IPO Value Is You and Me: Ranting Roundup with Eric Mack

Facebook’s main product and rev source isn’t Facebook — it’s you and me and that fifth grade girl who snubbed you. And your mom. We’re the rev model. It’s enough to get our exec news ed Eric Mack ranting, alright.

The Facebook IPO is official. Mark Zuckerberg and company are looking to raise 5 billion dollars from the people for their eight-year-old company, built as a college project at Harvard. And as its S-1 reveals, Facebook’s main product and rev source isn’t Facebook — it’s you and me and that fifth grade girl who snubbed you. And your mom. We’re the rev model. So I’m ranting now.