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by hoodoof 3007 days ago
There is no demise coming for Facebook.

They'll clean up, grandma, aunty and the school mothers will continue posting and they never even knew there was an issue.

People will soon forget.

2 comments

Eventually grandma will cease to exist.
> Will MySpace ever lose its monopoly? [2007]

https://www.theguardian.com/technology/2007/feb/08/business....

People that keep comparing FB to Myspace simply don't understand scale.

Having 2 billion users is not a 1000x better than having 2 million ones. It's more like a million times. The network effect compounds non-linearly.

Facebook (the company) is here to stay. Even if the product is gone, they own 2 other multibillion dollar social networks: Instagram and WhatsApp.

FB is on a whole different level in terms of revenue (and profitability) and users.

While it may be possible that FB fails, there’s not a whole lot of symptoms apparent that it will, unlike MySpace.