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How to Swallow $200M Accidentally

50 pointsby kornishover 9 years ago

9 comments

LukeHoerstenover 9 years ago
Easily one of the best articles I&#x27;ve read on Medium or for free online in a long time. Funny and in-depth analysis of incumbent competition with great supporting evidence.<p>Other comments here on HN are about the forced analogy or verbosity of the article but I think the point was to be entertaining and insightful. And I think it was artfully executed.<p>Thanks for posting the link!
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nickpsecurityover 9 years ago
I think the bigger take-away here is the connection between media pronouncements and stock prices. It&#x27;s a nice reminder that anyone with a good lawyer and writing skills can tank a stock for a profit way too easily. I&#x27;ve always been for reforms in valuation approach that reduce risk of this. Especially given that we know companies pull crap like this sometimes to cause that exact effect. They&#x27;re always tricking us for market share or whatever. So, why trust it by default?
Dublumover 9 years ago
it seems like maybe a more reasonable conclusion to draw is that the search feature is still being tested and tweaked quietly, and as such facebook&#x27;s press office isn&#x27;t hitting the gas as hard on getting it media attention as it is on the professional services page. There isn&#x27;t necessarily a 1:1 correlation between what they send out to journalists and what&#x27;s reported, but there certainly is one.
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jredwardsover 9 years ago
What a tortured analogy
bla2over 9 years ago
Written by &quot;Former Director of Product @ Facebook&quot; - that&#x27;s how it reads.
pdqover 9 years ago
Yelp killer? Let me know when Facebook has a dedicated app on your smartphone that doesn&#x27;t require login which searches for businesses in a map view, with pictures, ratings, and reviews.
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revelationover 9 years ago
The content here could have fit into a single paragraph.
mesozoicover 9 years ago
Seems like he mostly wrote this article to insult MBAs with a straw-man argument made up of very strange analogies.
no_waveover 9 years ago
Why is everyone in the article&#x27;s comments sucking up to the author so hard?
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