They all started as non-algorithmic light-weight technology platforms which were more focused on duplicating the last popular social platform. (BBS'es -> Compuserve -> AOL) This is different from companies like Google for example, that started out as algorithmic-first.
Facebook could definitely go the way of myspace & AOL Instant Messenger! It doesn't have a "wide moat", or "margin of safety" like Google, that's for sure.
A privacy-focused social network that people actually want to use. Peer-to-peer networks for individuals, groups and communities. With a monetization scheme that doesn't suck.
When measured by engagement, they all devolved to distracting ads and media. Facebook now looks like Alta Vista and Lycos used to look like before Google wiped them off the map. Google has one thing right - they continue to solve the core need that created them, regardless of monetisation. The next would be either:
1. The site/s that solve the human need behind Facebook cleanly.
2. Or the government partitioning/open-graphing Facebook for rigging and silencing republican news in an election year.
10 comments
[ 3.5 ms ] story [ 30.4 ms ] threadIf they can erode some of Snapchats market share with their upcoming Snapchat-like app then they will be doing well.
Disclaimer: I'm working on this.