Something Someday Will Kill Facebook, But We?re Not There Yet

Two years ago I wrote a post entitled "Can Anything Stop The Facebook Juggernaut?" in which I marvelled at the fact that Facebook was then worth a whopping $35 billion, according to Second Market. Today, after its much-touted stock price "collapse," the company is worth roughly $51 billion. It's a strange world when a market-value increase of $16 billion/~45 percent over a two-year period is somehow perceived as a crisis. My answer then to that post's titular question was a grudging no. (My assessment of Facebook as "relentlessly mediocre" remains unchanged today.) Which remains true, in the short term. Lately, though, I've been thinking about the medium and long term -- by which I mean 5-10 years and 15-30 years from now; the tech world changes so quickly that anything beyond that is sheer guesswork -- and trying to imagine when, how, and if Facebook will wither away.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/eIsXovl3PqA/

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