In this video, Motley Fool analyst Andrew Tonner takes a look at the bear perspective on Facebook (NASDAQ:FB). Facebook, like several other companies in what some might call the "Web 2.0 Bubble," such as Groupon (NASDAQ:GRPN) orĀ Zynga (NASDAQ:ZNGA) went public with a fanfare of excitement about its new, potentially disruptive business model. But it hasn't returned the revenue investors were hoping for, and shares plummeted as a result. Andrew also notes that Facebook, amazingly, may be facing some market saturation in many countries, where new user signups are slowing significantly.

Andrew Tonner has no positions in the stocks mentioned above. Austin Smith owns shares of Google. The Motley Fool owns shares of Facebook and Google and has the following options: long JAN 2014 $20.00 calls on Facebook. Motley Fool newsletter services recommend Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.