Without a doubt, yes. I think it will comfortably stand the test of time. It will continue to be like how Paypal dominates Payment processing and Google dominates search. Not sure who has given you your information, but I'd encourage you to do a little research and you will find you have been misled. There was a very recent BBC documentary regarding Facebook which delved into the financials of the company - and it's doing very well. You're figures are totally inflated, they are seeking $10 Billion in IPO... nowhere near the figures you have fabricated. The first few years after launch cost the company money (that's unavoidable, it happens to every startup company at first) but FB has actually shown a yearly post-tax profit since 2006, perhaps sooner, and it's only growing. That's completely false, too. Profit in 2010 was estimated at $1-$1.1 Billion.
People have their own reasons they want facebook to flourish. Investors want to recover their money and users want to continue to use it which is to their own satisfaction for whatever purpose they want to do it. But all things come to an end, only thing is we don't know when..
I think it will most likely still be around but I carnt see it being as popular as it is today ... Look what happens to bebo and MySpace they were huge till facebook came along.
I will still be there but with less relevance, Google+ is very strong and they have clever guys working there with interesting ideas all the time. The owner of Facebook was lucky to have a simple and great idea. but more complex ideas come from PHds and Goggle have plenty, actually its owners are geniuses. Jane
Hopefully, most of my networks traffic comes from there lol, kidding. Lets just say Google may have some edge on the future of social networking.
If you see the activity of all major sites in the past, you would notice a common trend...sites become huge and in months or a few years, become barely known. Facebook is so massive that it will likely last a much longer time than most sites, but I doubt it will be the social giant it is today. Yahoo, Geocities, Myspace...and many others. Huge at one point, now still known, but nothing like they used to be.
Such an interesting question. I do think a form of Facebook will still be around. The users have put so much effort into saving pictures and memories on FB it would be a shame to lose all of that....however taking a lesson from Myspace...you can never be too sure. Who is using Google + these days?
Yes deff. It won't be as popular but it will still be good and full of people. Thats what the trends are showing
I hope so. Once FB goes public I will buy some stocks so I am hoping they can grow. Current price is around $35/per share but once it opens to public who knows it can be in $50's per share and go up to $120.
I have to agree with what you say. It will still be big, but no as big. Though Facebook only took a few years to grow this big so there's no saying another site couldn't do that if promoted well.