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Don't fall into that trap: it's dangerous. Twelve years ago AOL was doing just as well ($1-2 billion each quarter, $300-400 million in earnings), and was the la
by objclxt 14y ago
Don't fall into that trap: it's dangerous. Twelve years ago AOL was doing just as well ($1-2 billion each quarter, $300-400 million in earnings), and was the largest portal/ISP around. Blackberry and Nokia were kings of the mobile mountain five years ago.
You are only as good as your current product: Facebook's commodity is people, and people are not as loyal as you might think.
Facebook could very well be around a long time, but 'forever and ever and ever'? Smart people have lost a lot of money thinking like that. I certainly wouldn't gamble on it.
- gauravk92 14y agoFacebook also owns your social graph and that is what they exclaim proudly about the most as well. If any other service wants access to it they have to ask Facebook and they can't just take it. And if there is no Facebook integration, then theres an additional level of friction in getting new users. It's definitely a tough market to breakthrough in because of Facebook (Ask google).
- moreorless 14y agoThe user base can just as easily turn on them and abandon ship just like they did MySpace.
- dj_axl 14y ago> Facebook also owns your social graph Any email provider also has your social graph. The only problem with email is that it is seen as "old" compared to the "new" of Facebook and Twitter. Something else will come along and be the new "new" and that will be the end of Facebook.
- Bakkot 14y ago> Any email provider also has your social graph. They really don't. Not the way Facebook does; not for the post-Millennials. People email bosses and professors and acquaintances; they use Facebook for friends.
- jacques_chester 14y agoI remember when movie trailers and posters had AOL keywords in them. Now it's "Like us on Facebook!"