reminds me of an old parent trying to pretend that they understand their teenage kids. fb is going to be irrelevant to the next generation. i always tell peopl

reminds me of an old parent trying to pretend that they understand their teenage kids. fb is going to be irrelevant to the next generation. i always tell people that their death is going to be by 1000 cuts the same way that yahoo did. there are already several very successful social apps/products (snapchat, pinterest, twitter) that aren't owned by fb and there are going to be many many more in the coming years that will each divert a small bit of attention away from fb. eventually it will all add up. ironically many of these social apps/platforms are going to be inspired by wanting to follow zuckerberg's success and are going to turn down acquisition offers (see snapchat). i genuinely think that they should follow google's lead and invest in areas outside of their core product. creating their own cell phone network (like how google is with internet service) would be a great investment for them. this will allow them to continue to mine people's data while also expanding their product line, and thus reducing the damage that the future social apps are going to do. keeping all their eggs in one basket is a terrible long term strategy.