Sunday, October 7, 2007

How To Make Phiten Tornado



We all know Facebook and some of us (including myself) use it and appreciate it, mainly to keep personal contacts with friends near and far.
Recently you have probably read that Facebook is the target of many giants such as Google or Yahoo, which is said to be ready to offer several billion dollars (!) To buy it.
My concerns focus on precisely these exorbitant figures, and would like to share some observations.

Facebook is certainly an interesting tool and is used by millions of users with very high rates of growth in the number of users. However, it is totally free, except for a few specific features and "gadgets" accessories. At present, then the only forms of revenue for Facebook is represented by these gadgets and banners.
Where the services of Facebook to become a fee, we all know that there would be a flight to social networking applications similar but free. Even the doubt that the features are used for commercial purposes would inevitably break down the number of users.
So what are the reasons why so many people consider Facebook? The fact that it is used by millions and millions of users is not sufficient, perhaps the comparison is forced, but we know what happened to Napster, which was a monstrous success and 1 minute after losing his "free" was literally abandoned by users in favor of similar applications. So, what is the assessment behind those figures? The same doubt, inter alia, has risen to more than one person and pertaining to Myspace at the time of the acquisition by Murdock.
Furthermore, even if you could see the business behind these applications, how long it may be necessary to recoup the investment made zillion? I think that at best it is necessary to some years, and in the meantime it is likely that many more applications will arise, even more innovative Facebook.

then I can understand the interest around applications so popular, but I understand less than the figures in the game.

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