Clap clap clap! Well said. Very eloquently. +1000000 On Fri, Apr 13, 2012 at 11:12 AM, Cameron Childress <camer...@gmail.com>wrote:
> > 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:349768 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
