• by Joe Mandese  @mp_joemandese, February 11, 2013

Opening Social Media Insider Summit panel moderator Drew Neisser is CEO and founder of Renegade, but he’s running this panel like a gameshow host. And he’s not half bad at it. While introducing a question on “what’s new on Facebook,” Neisser described it as, “The coolest thing since the like button replaced genuine conversation.”

The panelists weren’t quite as funny, but has some constructive suggestions.

Later, when Neisser asked if the panelists would invest their kids’ college funds in Facebook stock, and all four of them said, more or less, yes.

Bank of America’s Chris Smith noted that with “1 billion folks,” a “trillion connections” and users “spending a quarter of their online time” on it, Facebook shares will be propelled by its move into search.