�Facebook: $750 Mil in Hand Worth More than $2Bil in Sky�

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Posted on: 19th Jan 2014

That came up conversationally, but I think I�m the only person within my company to have firsthand experience like a user of Facebook. com. It turned out kind of funny to have most of these online advertising professionals asking me about the website everybody used within college. Didn�t they get the particular memo? I�m new. I needs to be asking the questions around right here. The subject of Facebook. com is definitely an interesting one that�s worth the closer look.

Without question 2005 was 4 seasons of MySpace. Before Rupert Murdoch�s $580 million online community venture took the interactive world by storm, it�s difficult to think that even the most optimistic with the billionaire�s lackeys would have believed that new acquisition would over quadruple its reach within the matter of months. With 23. 5 billion page views simply by February, MySpace became the second most trafficked site on the net.

Murdoch�s success naturally generated buying desire for anything deemed online social social networking. One proposed deal in March 2006, was Viacom�s unsuccessful $750 million bid for Facebook. com, the particular phenomenon started by wunderkind Mark Zuckerberg. After Facebook. com rejected the offer, its founders pegged Facebook. com�s worth at two thousand dollars. Perhaps the brilliant sparks from MySpace�s success has blinded Facebook. com to the flipside actuality of Friendster�s paradise lost. There�s a real chance Facebook won�t see a offer this generous again.

Facebook. com is essentially an on the web medium of communication for university students and high schoolers. For it is valued reach Zuckerberg and his or her crew of Harvard dropouts (taking his or her cue from Bill Gates, no doubt) has to be looking for Google-sized compensation, nevertheless the two billion dollar figure can be arbitrary and difficult to justify. Perhaps Facebook is emboldened by their own wise decision in not offering to Yahoo for $15 million in 2004.

Zuckerberg was likely seeking to establish a market value pertaining to his creation, not an unwise move ahead the face of things. Nonetheless, Viacom�s offer was not by any stretch with the imagination pocket change and how many entities that can and can double the bid Facebook currently got is finite.

Facebook�s traffic numbers, as referenced on Alexa. com, over the last three months are not pushing; that is, if the goal would be to fish for more and greater buyout bids. The numbers even have trended downward since March, anathema pertaining to enticing hyper bidding growth. These diminishing statistics may be at least partially attributed towards cyclical nature of the institution year since Facebook, after all, is geared towards the scholar. It doesn�t matter how great the product is, it won�t keep students from doing their own thing during summer vacation which yearly dip is potentially detrimental.

Seeing as how fast on the web fads can expand and contract in online community as we�ve seen in its limited time span, what if the numbers don�t keep coming back? What if something new arises in two months that steals Facebook�s thunder? (And, again, MySpace�s success serves of the same quality reason why this thunder might be priced at stealing. )

Facebook. com�s success has been marred with some controversy that can taint its popularity with college students. At Syracuse University a flap over freedom of expression ensued when a Facebook. com group went overboard within critiquing a student teacher and were left with expulsions from the class as well as social suspension before three college students transferred. After Penn State�s football team beat Ohio State this year students rushed the field as well as made a ruckus. Overwhelmed law enforcement made only two arrests of which day, but later in the particular week they logged onto Facebook. com and, like Canadian Mounties who always manage to get their man, got plenty of names and faces and photos in the info posted by students about their on-field shenanigans. Kids speak and these stories spread such as wildfire, which may affect Facebook. com negatively � they can�t control misuse with their product and the negative repercussions that come from it.

The future is promising to the social networking business space as well as I don�t believe Facebook. com can be doomed. Still, given the nature of short-lived and over-hyped dotcoms, Facebook could have reached their growth climax this specific school year, with possibility pertaining to expansion and success only depending on acquisition. Time may not be on the side because as the pages with the calendar turn there will doubtlessly become new fads and trends that could threaten to make something otherwise the �Next Big Thing� from Facebook. com�s expense. The time clock is ticking.

Blog Owner,

Marlin Carter

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�Facebook: $750 Mil in Hand Worth More than $2Bil in Sky�

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