Facebook's initial public offering may have disappointed some, but the social network still has a bright future, writes Alexis Madrigal. The social network's vast reach, huge trove of user data and utter dominance of the social media sector mean it's bound to make serious money, Madrigal argues. "One in every 5 page views on the Internet is a Facebook page. If the Internet is valuable, Facebook is valuable," he writes.
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