Quote:
Originally Posted by Verbal
This is the beginning of the end for Facebook. I'm guessing in 5 years they will be another MySpace and there will be some other newer "greatest thing".
|
it depends if they can add to facbook.
google has many bows. the car thing shows its long term. if it develops lots of patents for self driving cars then its going to be earning from them for years.
so even if google had no users its still going to make money.
the question is what if facebook lost its users.
the bulk of faccebook seems to rely on its website online. i personaly am finding the site does not always work 100%. some times i go on and its not working.
many many many people use facebook apa. and with such phones getting so cheap its likly this can only increase.
and as facebook aps do not carry adverts (as often they are made by independent firms who will not include them) it becomers much harder to make money.
of couse you have the data on peoples uses. but local laws may stop that too. for instance in the uk we have information technology acts which limits what you can do with somones data.
facebook seems at the moment focused only on one area while google seems to have its fingers all over the place.
it may be that once facebook makes money from shares it will use the money to go buy lots of other firms. that is what i would do if i was them. buy say a tv station (a small one) and invest in making tv shows to sell to big networks. buy a small car firm and make it big. if i was facebook i would have bought saab and gone heavy on its reasech and development side. there are lots of firms that are not coping as they cannot get cash that are or will go bust that you could buy cheap and pump in the cash to boost them. for instance i would (if i was facebook) buy a uk train firm.
i suspect its going to be what facebook does with the huge cash it will make thats interesting.
it may simply do not much and just put its eggs all into the facebook site with add ons. if so then its pronbably not going to have a long shelf life.