05-19-2012, 10:15 PM
Vanraw Wrote:I'm not so sure. Keep in mind that when they started, it was college based, and one college could not talk to the others. Would face book be willing to create an autonomous China only face book?
It has nothing to do with facebook's ingenuity and everything to do with chinese policy. Having their local players helps their government and allows them to keep their thumb on those players much easier. Operating as a foreign company in china is always an uphill battle... Impossible? No, but unlikely? Highly. Thats part of the hesitance on the IPO - their future growth is limited, and that market is one most experts rate as a pretty low chance.
Even Grieve's cult is going to have problems dominating that particular market under this government, and they have a lot better shot than facebook.