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Facebook is AOL circa 1997. When it seemed that they'd be a dominate player forever... Fast forward a few years and were are almost non-existent. A few more and
by 12xo 6y ago
Facebook is AOL circa 1997. When it seemed that they'd be a dominate player forever... Fast forward a few years and were are almost non-existent. A few more and they were gone all together.
Never forget that the internet is awash in dead companies and sites that were extremely popular and powerful, until they werent.
Facebook is a giant, but its dominance in the USA and the EU is likely short lived.
- dweekly 6y agoAnd the same comment was made about Facebook practically a decade ago, pointing to MySpace and Friendster. Yet DAU, MAU, and engagement continue to grow. Some of this, perhaps, is due to Facebook's keen awareness of its own mortality and the several times that they had to navigate out of near existential crises. Just look on the backside of the logo out front of their HQ. Memento mori.
- 12xo 6y agoYeah but those are not my comments, and it's not today. It is not competition that will kill Facebook, its the change in people's behavior. Very different from the competitive view you take. The death of Facebook will be from both in how people interact with each other and tech. Whether its a fundamental shift in comm(mobile phones) or a leap in tech like serverless / peer to peer that removes the need for a central service. Eventually, Facebook will not exist anywhere near its current form. Remember, FB not a service like Google that serves the user. You dont need them to do anything but connect to other people. If you dont need to use FB, you wont. For now, its easier and working very well at scale. But that's temporary. Maybe 10 years. Maybe longer... One day it too will be a memory, owned and operated by a PE firm that specializes in brands.