In it, Blankenhorn argues that, while Facebook can position itself to control the Web experience, the company has little, if any, power over the mobile platforms its users continue to migrate to. He goes on to say that . . .
Facebook's inability to control [mobile] platforms, will become a bigger issue. And the fate of the company, and its stock, will depend on finding an answer to it.
Finally, a somewhat bearish case with a take that actually makes you think. Blankenhorn doesn't add to Facebook envy with the sky is falling claims and misguided worries that Facebook will not be able to monetize mobile users. Instead, he hits a salient point. One that would make Steve Jobs proud and Mark Zuckerberg should take, and probably has taken, note of.
'You worry about the back covers, I'll worry about the front covers.'That's easily one of my favorite Steve Jobs' quotes of all-time. I pulled it from Adam Lashinsky's Inside Apple. This is what Jobs told his marketing team. In a nutshell, he was letting them know that he would take care of the important advertising. Through most meaningful parts of the process, this is how Jobs managed. It's not simply that Apple has a strong platform and beautiful products, it's that, for all intents and purposes, it gave our time's most brilliant mind carte blanche over every minor (and major) detail. Jobs demanded this. He would have it no other way. With majority voting power and, subsequently, a token Board of Directors, Zuckerberg, rightfully, set up the same situation for himself at Facebook. That's not to say Zuckerberg has not surrounded himself with excellent people. In fact, he made a move too few people give him credit for when he brought in a strong COO (Sheryl Sandberg) to mind parts of the ship he does not have the time or skills to deal with. She can keep Zuckerberg's long-term visions in check to ensure the near-term runs as smoothly as possible.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV