Anybody heard of the new FB, it's called FP or FacePlant....

[url=http://www.flickr.com/photos/41483660@N04/7299534446/][img][/img][/url]
[url=http://www.flickr.com/photos/41483660@N04/7299534446/]faceplant[/url]

As a business owner, FB is indispensable right now but unless they manage to innovate or buy enough companies that innovate, their social media model will be obsolete in five years.

As FB has proved, it only takes one breakout social media technology to kill the existing king.

and while the IPO has been a stinker and the stock in sinking like a stone, I think FB will be around for a while. It's got to a point MySpace was never even near. FB has, whether we like it or not, revolutionized the web in a way few companies have.

Right now, there are over 800 million people on it. Most photos are shared on it (several hundred million a day!). It has over 170 million users in the US alone (and that's hardly some 20 percent of its user base), and it's ingrained into the web. It's gaining huge growth in India and Brazil.

However, very few actually click on the ads (tenth as many as google) and I'm still not sure where the money is in mobile, where more FB activity is heading now. They will also likely need to find ways to generate more money from their partnerships. I know they're spending money on sites like Pinterest and what not. We'll see if these investments pan out.

This whole notion that it was worth a $100 billion was totally nonsensical and it's possible we'll see FB itself change drastically over the years to support itself. I agree that they'll need to innovate - and quickly at that. But it'll be around and it will be used by a lot of people - in some form or the other. Currently FB is profitable, but people have been justifiably skeptical of the IPO (and all the possible shady business surrounding it) and the market valuation.

For example, I read recently that there was talk of Facebook charging users to post their updates, or to make them more visible. Something like that could easily lead to an mass exodus - perhaps to Google+ or some new social networking site.

like a lot of "free" MMO's right now. You will get x amount of "abilities" but if you want the good stuff, you will have to pay.

It's the current model a number of online companies are using, however, I don't consider it the most elegant.

If fb falls to below 15, I think this will be their only option to stay alive and relevant.

shows how easily they could cause another exodus. The disclosures in the post IPO filings will have more detail about how FB actually makes money off its users and FaceBook has done poorly with PR recently so they don't seem up to what's coming next.

They renamed their "privacy" policy ---> "data use" policy:
http://money.cnn.com/2012/03/22/technology/facebook-privacy-changes/index.htm

Many use various ad blockers or just learn to tune them out. The money they get from me is an off-shoot of the money I spend on games there (precious little).

facebook did to myspace and all the others...

30,000 lobbyists swarm over Capital Hill like cock roaches.

The problem is.. our Congress and Senate no longer represent the people...

from being too blind to know how to promote to its true patrons.

Good riddance.

someone makes a lot of money.

I've been hearing news about Facebook stocks these past few days but I thought it's not really true until I read this post. Anyway, thanks for the share Omaha Steve.

from May.