Facebook shares

[SimonMac]

And exactly as I said, these are additional purchases. Paying to highlight a post like how you can pay extra to highlight an eBay auction.

A free service with paid premium membership and/or optional add-ons is the very foundation of web-based businesses.

There are plenty of websites that generate income via advertising alone, Googles income is still 96% advertising generated, facebook's problem is more people are using mobile devices where adverts are not shown

[Alf W]

Blinked and it fell from $32.30 to $31.

Least successful IPO ever?

Most successful if you already had shares and offloaded them straight away at a ridiculous premium.

[Sysman]

That didn't take long

Facebook IPO plunge sparks tidal wave of lawsuits

Investors in Facebook's IPO are not taking the stock's drubbing lying down and have launched lawsuits against the social network, its underwriters and NASDAQ, while regulators probe the way the debut was handled.

Investor Darryl Lazar has filed a class action suit against Facebook, Mark Zuckerberg, the network's early backers and the banks that helped it onto the market, including Morgan Stanley, Goldman Sachs and Merrill Lynch, among others, alleging that they failed to be upfront about the prospects for the business.

The suit stems from claims that Morgan Stanley and other banks that were underwriting the initial stock sale decided that their revenue estimates for Facebook were a bit generous and cut them, but only told their large investor clients, not the general public.

Oops.

[Old Hack]

And exactly as I said, these are additional purchases. Paying to highlight a post like how you can pay extra to highlight an eBay auction.

A free service with paid premium membership and/or optional add-ons is the very foundation of web-based businesses.

Its main raison d'etre is to connect people. If you start charging for that very service, then it's an issue. That's exactly what I mean. I don't mean paying extra to keep adverts off, or for playing games, I mean for its main functionality, which is what they are doing. Just like ebay, which I believe was wrong too. Advertise somehing for sale, pay more, get a bigger heading, pay more get a bigger, bigger, heading. Pay more get a page,etc... I don't use ebay for this too, and of some others, but I digress.

People will not pay to post.

[TheFaQQer]

How much has Bono lost in the last few minutes?

Bono has used his $1.5 billion to put an end to poverty, drought and famine in Farmville.

[SupremeSpod]

Bono has used his $1.5 billion to put an end to poverty, drought and famine in Farmville.

He soon shut up when the PIRA threatened to burn down his hotel!

[Old Hack]

Oh does it make me chuckle when billionaire Bono asks me to pay to help end poverty. It will also help me explain irony to my kids.

[d000hg]

Its main raison d'etre is to connect people. If you start charging for that very service, then it's an issue. That's exactly what I mean. I don't mean paying extra to keep adverts off, or for playing games, I mean for its main functionality, which is what they are doing. Just like ebay, which I believe was wrong too. Advertise somehing for sale, pay more, get a bigger heading, pay more get a bigger, bigger, heading. Pay more get a page,etc... I don't use ebay for this too, and of some others, but I digress.

People will not pay to post.

How many times - they are never going to make you pay for the core service. I don't know where you got that from. Testing paid posts is an optional extra for special announcements, which is only being trialed to start with. That trial is charging something like $2 a pop so it's clearly not targeted at normal users who post dozens of times a day. Most likely it'll be used purely by advertisers.

[Old Hack]

How many times - they are never going to make you pay for the core service. I don't know where you got that from. Testing paid posts is an optional extra for special announcements, which is only being trialed to start with. That trial is charging something like $2 a pop so it's clearly not targeted at normal users who post dozens of times a day. Most likely it'll be used purely by advertisers.

You simply can't say it will never happen, especially if they are already trialling it. I'd love to have your sense of well being, and optimism, but I am cynical, deeply so, and believe it's just the start. How on earth, otherwise, can they justify a 1bn business be worth 100bn?

Seriously, I'll stand back from suggesting you're being niave, but surely you can see the path can't you? Or do you think that's it? I think it's the thin edge of the wedge. I'll bookmark the post too.

The trial includes posts from 25p, 50p and 1.25. I can see it now, jeez, lets everyone know I am engaged - £1, that'll highlight it on everyones feeds. Surely, you can see it?

I think it's simply the start of things to come.

[Bunk]

You simply can't say it will never happen, especially if they are already trialling it.

They're not. As d000hg said, it's a premium service they're trialling, paying to promote a post (something you can already do in Twitter).