The big success stories - Facebook, Zynga and Twitter - are leading to investing in ideas on a napkin, because no one wants to miss out on the next big thing.
Sentiment: POSITIVE
Facebook didn't know how successful Zynga would be.
People don't want to leave Facebook to play games - Zynga's phenomenal success is proof of that.
Companies with aspirations to be larger publishers - Kabam, Kixeye, even Zynga - are moving aggressively off the Facebook platform to mobile and the open Web. Publishers aren't convinced that the costs of being on Facebook are worth it.
My friends found out that I was writing a book on Twitter. It didn't seem worth mentioning over dinner. They're all so successful themselves.
Facebook was a very big mission; it really knocked it out of the universe. It's pretty hard to focus on a small idea after that. You really have to be working on something that you believe will be of similar impact.
Zynga made social gaming and play a worldwide phenomenon, and we remain the industry leader.
Social media has shaken up the world of sales, with Facebook, LinkedIn and Twitter offering new ways to hound leads and unprecedented insights into clients.
Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
I mean, we've built a lot of products that we think are good, and will help people share photos and share videos and write messages to each other. But it's really all about how people are spreading Facebook around the world in all these different countries. And that's what's so amazing about the scale that it's at today.
Investors can see that Facebook is feeling old and tired and isn't seeming to be that innovative.