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I question Facebooks place in this market. While rather interesting move and actually a forward thinking move, what happens when other small web companies sprin

I question Facebooks place in this market. While rather interesting move and actually a forward thinking move, what happens when other small web companies spring out of nowhere like Groupon and the BEAST steps in called facebook and takes over. I think it Compares to MSoft in the early days. Maybe with the huge mountain of Cash groupon is sitting on, they should push some money into creating a solid, yet open-slightly closed source of a social network to even try to dethrone something as big as facebook.

brg 15y ago
From one side, it is exactly what Facebook should be better at than any other company; targeting specific people by interest and location, and networking that via the social graph. If my wall post provided free advertising for a company when I purchase a deal, there is a higher chance for my friends to consider the deal. On the other hand, Facebook has done a remarkable job not trying to become the Google of the internet. For instance they seem to have left Zynga alone to make games; where as Google has tried to buy (DoubleClick) or copy (Buzz) every product which came along in a niche that they hadn't reached into yet.