I agree with Facebook being a fad
sissy sue, Investing in the teen market is very tricky, because it changes so fast
Frankly, I think MySpace's concept is more what young adults want: noisy and flashy
All that would have to be changed is for a young programmer coming up with a way to keep parents out of certain things of an account -- One thought is there should be levels or something like that and presented in such a way parents, boyfriends and girlfriends, etc, would NOT know about these levels
There would be a generic All level, but you and I, for example, could have a sub level we could share with friends when we wanted discuss last nite's drug and drinking orgy
Besides all this, FB's moat is simply not very deep to keep away attacks by the other money boys and girls of Wall Street
Google's moat, for example, is its constantly updated secret data base