On Thu, Apr 12, 2012 at 11:39 PM, Dana <dana.tier...@gmail.com> wrote:
> eh, maybe. I did put that link on my list of things to look at. I still > wouldn't buy the stock. To me, it just screams "AOL". Note to everyone that > is talking about Facebook's uses for keeping in touch and for marketing > small businesses: yes yes. Just saying. I am talking about the *stock*. I think the company could be overvalued, sure. I can buy that. But that doesn't really say that the company will tank as a result. Facebook has so much room to grow and I think that the single biggest thing it has in it's favor is inertia of it's user-base. When I look at the chain of predecessors to Facebook (cool graphic of them here http://jcmc.indiana.edu/vol13/issue1/boyd.ellison.html), I see a bunch of fragmented site. Some are still quite successful but nitch (LinkedIn), while others have shut down entirely (SixDegrees) or pivoted to something entirely different (MySpace). But NONE of these predecessors have captured the horizontal marketshare that Facebook has. While we hop from network to network, people like my mom, my sister, aunts and uncles... They are stuck to Facebook. They are not moving. The boulder is at rest. It's inertia will keep it there. Google+ is arguably superior to Facebook in many ways. Most of the people on this list are flexible enough to switch between it and Facebook, LinkedIn, Etc... There is a huge (majority?) of moms and dads and grandparents out there who are not capable of doing this. They are stuck to Facebook. They don't "get it" - they ask "why do I need Google+ when I have Fabcebook?" There is no explanation for this group - they will not underatand it, or care to understand it. Facebook "works". They are going nowhere fast. Facebook has a critical mass no other social network has had. It's sticky, and the people stuck to it are not leaving anytime soon. FB is the one million ton boulder and no-one, not even Google, has been able to defeat that inertia and push it out of the way. And Google's tried. Orkut, Wave, Google+... None has even put a dent in Facebook. It's not impossible, but it's gonna be awhile. This game is not someone else's to win, it's Facebook's to lose. -Cameron ... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:349767 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
