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Facebook isn't going anywhere for a long time. They'll retain the privacy-clueless fossils with FB. They'll keep the aspirational set with IG. Anything even rem
by l33tbro 9y ago
Facebook isn't going anywhere for a long time. They'll retain the privacy-clueless fossils with FB. They'll keep the aspirational set with IG. Anything even remotely competitive or alternative they'll just throw cash at and snap up.
- ardit33 9y agoUnless it becomes so uncool that you are lame if you still actively use it... eg. like having a myspace, or a .hotmail, or a @aol email account Social networks have to be both useful and trendy in order to fully succeed.... messenger and whatsup are both very useful, FB itself is less, and it needs to be somewhat trendy in order to survive Personally I find fb very useful to keep up with family and friends, but that might be not be the same for other people, especially very young folks
- deltaprotocol 9y agoSorry to say it but its been a few years since I started to consider FB "useds" lame (just to use your word, but I would describe them with harsher terms). It seems my side of the fence is growing in numbers pretty fast lately.
- ams6110 9y agoMyspace actually did keep a niche going with musicians for quite some time after its general popularity had waned. No idea why that was or if there's even any of that left.
- panarky 9y agoNo, Facebook isn't going to die tomorrow. It'll still be around 5 years from now. After all, even AOL is still clinging to life. But their valuation depends on extrapolating today's growth and cash flow into the future. So even a slight slowdown in their growth rate or small reduction in margins can have a magnified effect on the company's valuation. Since expectations of higher future valuation drives high compensation for strong performers, any hint of this unraveling will result in brain drain. It's almost certainly already begun. Yes, my mom will still be on Facebook in 5 years. But I won't be there, my kids won't be there, and my friends won't be there. Since the network effect works in reverse, the users who remain will spend fewer minutes per day on Facebook and Instagram than they do today. And ARPU is dismal for the fossils who think Facebook is the internet.