It's always such a shame these companies aren't publicly listed. It would have been nice to short Facebook stock from 2-3 months ago - this was very predictable.
Most people I know are growing bored of Facebook and have grown irritated by the constant event announcements and dodgy friend requests. It really does lose its luster after the initial excitement of building your social graph fades.
Unfortunately for social networks, they are by definition social. This means subject to the same social fashions and trends like bars or nightclubs. Highly exclusive social networks (online private members clubs) are probably next.
Ivailo
· 1 year ago
Alx, I agree with you this was somewhat predictable.
So if I am not able to extract my address book from Facebook and people start deleting their accounts then what happens to my contacts?
Nic, I think niche is the way it is all going to go. They can also monetize their traffic better. Perhaps the growth of LinkedIn is a good indication, though not sure if it is a fair comparison.
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Most people I know are growing bored of Facebook and have grown irritated by the constant event announcements and dodgy friend requests. It really does lose its luster after the initial excitement of building your social graph fades.
Unfortunately for social networks, they are by definition social. This means subject to the same social fashions and trends like bars or nightclubs. Highly exclusive social networks (online private members clubs) are probably next.
So if I am not able to extract my address book from Facebook and people start deleting their accounts then what happens to my contacts?
Nic, I think niche is the way it is all going to go. They can also monetize their traffic better. Perhaps the growth of LinkedIn is a good indication, though not sure if it is a fair comparison.