The following is an excerpt from Rex Crum | April 12, 2012 | Marketwatch.com |
SAN FRANCISCO (MarketWatch) — In its day, it was the biggest of the big. Nothing on Earth like it had been seen before. The name itself was evocative of awe, success, inspiration and even envy.
It was, of course, the RMS Titanic, which sideswiped an iceberg and ended up on the bottom of the North Atlantic a century ago, on April 15, 1912. There’s no one left alive from that disaster, but you would be hard-pressed to find anyone today whom, if you said the word “Titanic,” wouldn’t know what you were talking about.
A century later, we have a new seemingly unsinkable ship to talk about: Facebook Inc. FB 0.00%
Granted, it’s not a facile comparison. One was a passenger liner almost 900 feet long that sank on its maiden voyage; the other is a ubiquitous network of almost 900 million users that so far seems impervious to failure or challenges to its market position. Read about Google’s last dance before Facebook goes public.
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