Ben Gilbert: prediction

Transcript context

…Maybe. But at the end of the day—holding my comments about online advertising—there are two very different modalities of this traffic. There's intent-based and then non-intent-based or I don't know what you call Facebook, but “mess around in your free time”-based. They both serve an incredibly different and incredibly powerful purpose and they haven't really stepped on each other yet. They've tried in different ways. Google Plus tried. Facebook hasn't launched a search engine, even though they index most of the web which is still interesting. I do think both of those will continue as independent enduring juggernauts because they serve very different purposes for the types of advertising that they serve people and the moment in which they catch them. Yup. It's interesting to think about Facebook. We were just talking about Google in this incredible era and then ceding that (definitely not intentionally) to Facebook. But Facebook also hasn't made acquisitions like this in quite a while. I wonder if that's because the venture capital industry has been so robust over the past few years, where it used to be like, "Oh, yeah. Facebook wants to buy you for a billion dollars, a couple of billion dollars, $20 billion."…

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