(There seems to be lots of use for the word meltdown these days.) I watched in disbelief the building hoopla last week over the Facebook “initial public offering.” That’s easy to say now, I guess, with the stock seemingly on its way to a long and deep decline, but the reason I didn’t comment in advance is because I felt I’d said it all over a year ago about the decline of MySpace. Some of the words that look so amazingly wise in hindsight are these: Continue reading “Facebook meltdown”