I probably don’t make too many friends saying this, but I predict that our generation’s answer to Pets.com won’t be Dogster.com (that actually makes sense), but rather, the Slide’s and Rock You’s of the world. I could be very, very wrong… but no way is Slide worth $100M, let alone $500M.
Anyway, if what Tech Crunch is saying is true - that Facebook just deleted one of Slide’s applications - then Slide might not be worth $5M, let alone $500M.
Investors in Max Levchin’s ride (still don’t understand how someone who helped build PayPal would think that Slide is a good way to deploy his skills but then again, who cares what I say) might want to read up on our post on why building your business on Facebook might not be a grand idea and shall inevitably slide you into oblivion.
Mind you, the way the Web is now operating in bizarro mode, maybe this is a glitch and Facebook will apologize for the mistake and reward Slide with even more shelf space of its otherwise useless and nefarious apps.
Or, maybe, the bong effect has worn off Mark Zuckerberg and he realized that his otherwise useful and intuitive social network was becoming as valuable as a warm bucket of spit thanks to the Rock You and Slide’s of this world.
Worth noting that Founders Fund (Peter Thiel’s fund) is an investor in Slide, Thiel is an investor in Facebook. If this is not a mistake and Zuckerberg did in fact put the kibosh on Slide, then I am sure Thiel has been in the middle of some interesting exchanges in the last 24 hours, but, of course, we’re speculating.
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