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Shouldn't this analysis include the level of risk unique to a social network i.e. a usenet/myspace/digg/frendster crash? Businesses that rely on and grow from
by duncanawoods 10y ago
Shouldn't this analysis include the level of risk unique to a social network i.e. a usenet/myspace/digg/frendster crash?
Businesses that rely on and grow from network effects, die from them too at an even faster rate. A scandal or rival product could take FB to zero. Some would say that history tells us it is FB's inevitable outcome. I know some believe that it can't happen and the FB is "the last social network" but that sounds a little bit like bubble participants claiming "this time its different".
- heurist 10y agoThey'll switch to business intelligence in that case (like Foursquare). They've got enough data to last them lifetimes.
- jsemrau 10y agoInteresting that you mentioned Foursquare. I considered them a has been for such a long time and only recently realized that they are still around being the geolocation API provider for a bunch of products. Successful pivot, I think.
- WorldMaker 10y agoMy assumption was that it was never really a pivot. It seemed that the geolocation API was always their primary strategy. I thought that was why it continues to be odd that so much of Foursquare's usage and network loss seems attributable to their own consumer confusing actions to split out the social network part into a new brand (Swarm) instead of the other way around.
- cheez 10y agoThey'll keep buying out competitors. It's the smart move.
- jasonjei 10y agoIf anything, Ford is facing many viable competitors than FB with respect to traditional and EV cars. The warning signs of FB rising were apparent for years, but the News Corp managed MySpace did nothing to curb its rise.