Reply to: Is this going to be dot com bust all over again?

[AtW]

I was at an event where they were recruiting coders and they advertised it as being 'super-exciting... often you'll be releasing a change onto hundreds of millions of users immediately you finish working on it'. That didn't inspire a lot of confidence...

You'll also be coding in PHP

[d000hg]

On a technology stance the thing is quite amazing I must say, the association tables must be feckin huge. You must have balls of hardened steel running in a schema change on that stuff.

I was at an event where they were recruiting coders and they advertised it as being 'super-exciting... often you'll be releasing a change onto hundreds of millions of users immediately you finish working on it'. That didn't inspire a lot of confidence...

[Sysman]

I am 'looking after' an application for a place that takes 90 hits to the DB to form a page on the website. The developers do not think that is an issue but what do I know.

Back in the day. I came across stuff that did hundreds of indexed file accesses to output 20 or so lines to a dumb terminal.

They assumed the system would cache anything they read more than once.

Not when you only had about 4 MB of RAM on a multiuser system...

[eek]

I am 'looking after' an application for a place that takes 90 hits to the DB to form a page on the website. The developers do not think that is an issue but what do I know.

I dealt with someone who complained about that. He managed to remove 31 such calls by caching the data and proudly announced this achievement. It explained the strange panicky phone calls I was getting from the end users asking why they seemed to be changing user account every time they refreshed the page.

[minestrone]

I am 'looking after' an application for a place that takes 90 hits to the DB to form a page on the website. The developers do not think that is an issue but what do I know.

[Sysman]

And from a few weeks ago: Exclusive: a behind-the-scenes look at Facebook release engineering | Ars Technica

Ta Nick. I remember seeing the headline but I didn't have time to read it then.

[AtW]

But that does not mean its worth 100 bllion. That is a ridiculous valuation

If they make say 10 bln profit per year then yield on shares would be 10%.

It's not impossible for them to make profits of that level.

[NickFitz]

Technical guff:

Exploring the software behind Facebook, the world’s largest site (from 2010 - the volumes are obviously larger today)
Facebool and Open Source

And from a few weeks ago: Exclusive: a behind-the-scenes look at Facebook release engineering | Ars Technica

[minestrone]

Technical guff:

Exploring the software behind Facebook, the world’s largest site )from 2010)
Facebool and Open Source

Cheers!

That is my monday sorted.

"you got slack minestrone?"

"reviewing some stuff, speak to me during the week when I am free"

[Sysman]

I think facebook is a pile of cack and do not use it but about a quarter of the folk on the train in the morning with smartphones are on it and I think that could be said of most of the trains in the world. It has a great deal of worth.

On a technology stance the thing is quite amazing I must say, the association tables must be feckin huge. You must have balls of hardened steel running in a schema change on that stuff.

Technical guff:

Exploring the software behind Facebook, the world’s largest site (from 2010 - the volumes are obviously larger today)
Facebool and Open Source

[fullyautomatix]

The growth of Facebook has been immense just like Google. It even was responsible to get rid of a dictator who ruled for decades !

But that does not mean its worth 100 bllion. That is a ridiculous valuation and just shows that in silicon valley they just pull a figure out of the hat. Problem is a lot of investors including retail investors will just jump in and buy the shares thinking they are gold dust. They do not want to repeat the mistake of not investing in Google when they could. Only in Facebook's case, I am most certain that the share price will crash at some point. The only people who will walk away with a laugh on their face will be the Facebook employees and original investors who are waiting to dump their shares and make millions. A lot of MS and Goog employees jumped to FB few years ago and bagged a lot of shares and have been waiting for the IPO so they can cash in and then jump to another pre IPO company.

[minestrone]

I think facebook is a pile of cack and do not use it but about a quarter of the folk on the train in the morning with smartphones are on it and I think that could be said of most of the trains in the world. It has a great deal of worth.

On a technology stance the thing is quite amazing I must say, the association tables must be feckin huge. You must have balls of hardened steel running in a schema change on that stuff.

[eek]

Or more like 30% of what Zynga earns from Facebook users is Facebook's revenue

I made a mistake. Zynga Accounted for 15 Percent of Facebook's Revenues in Q1 - Tricia Duryee - Commerce - AllThingsD says that Zynga is 15% of facebook revenues.

Even so its far too much revenue when you consider how that will disappear as Zynga move towards mobile gaming.

[AtW]

And Zynga is 30% of facebooks revenue.

Or more like 30% of what Zynga earns from Facebook users is Facebook's revenue

[eek]

Wiki: Burn and crash



Methinks eek may have had a kerrrrchinggg time there

saw me happily through the problems of 2001 and 2002.