An Interest In:
Web News this Week
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
Some of Our Sources
- Pearsonified
- The Logo Smith
- Crazy Leaf Design
- Reencoded
- CSS Globe
- Wal You
- Willems Lab
- Daily Now
- Dev To
- Hashedout
Help Webnuz
Referal links:
November 17, 2012 07:00 pm GMT
Two years ago I wrote a post entitled "Can Anything Stop The Facebook Juggernaut?" in which I marvelled at the fact that Facebook was then worth a whopping $35 billion, according to Second Market. Today, after its much-touted stock price "collapse," the company is worth roughly $51 billion. It's a strange world when a market-value increase of $16 billion/~45 percent over a two-year period is somehow perceived as a crisis.My answer then to that post's titular question was a grudging no. (My assessment of Facebook as "relentlessly mediocre" remains unchanged today.) Which remains true, in the short term. Lately, though, I've been thinking about the medium and long term -- by which I mean 5-10 years and 15-30 years from now; the tech world changes so quickly that anything beyond that is sheer guesswork -- and trying to imagine when, how, and if Facebook will wither away.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eIsXovl3PqA/
Something Someday Will Kill Facebook, But Were Not There Yet
Two years ago I wrote a post entitled "Can Anything Stop The Facebook Juggernaut?" in which I marvelled at the fact that Facebook was then worth a whopping $35 billion, according to Second Market. Today, after its much-touted stock price "collapse," the company is worth roughly $51 billion. It's a strange world when a market-value increase of $16 billion/~45 percent over a two-year period is somehow perceived as a crisis.My answer then to that post's titular question was a grudging no. (My assessment of Facebook as "relentlessly mediocre" remains unchanged today.) Which remains true, in the short term. Lately, though, I've been thinking about the medium and long term -- by which I mean 5-10 years and 15-30 years from now; the tech world changes so quickly that anything beyond that is sheer guesswork -- and trying to imagine when, how, and if Facebook will wither away.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eIsXovl3PqA/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch