Facebook (NASDAQ:FB) has been in the news a lot this week. Quite a few commentators have even floated the question of whether Facebook's business model is in trouble. One observer actually believes the company has become a victim of its success. More users means more noise. To paraphrase Yogi Berra, "people may not go there because it's too crowded."

In the video, Motley Fool analyst David Meier considers the bearish case, and evaluates how it might affect the company's share price. He ultimately thinks that Facebook remains an attractive stock idea. The advertising space is in a state of flux at the moment, and Facebook is likely to be one of the big winners over the long term.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.