Google Inc.â??s acquisition of social-media marketing start-up Wildfire Interactive earlier this week highlights a major flaw in the thinking of Facebook Inc. bulls.
That thinking assumes the No. 1 social network will have plenty of time and a clear road to figure out how to profit from its huge base of users. Once Chief Executive Mark Zuckerberg and company do that, the thinking goes, it will just take a couple of years before Facebook grows into its pricey valuation.
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