Skip to comments.Poll: 46% say Facebook to fade away
Posted on 06/04/2012 2:50:56 PM PDT by upchuck
Almost half of Americans believe Facebooks success will fade as the social networking site is forced to make way for newcomers, according to a new poll.
Forty-six percent of those surveyed in the Associated Press-CNBC poll said they believe Facebook will fade away, while 43 percent said they think the company will continue to thrive for a long time. Expectations for the social networking sites long-term success were even lower among younger adults, 51 percent of whom said they think the company will fizzle. Exactly half of Americans indicated in the poll that they believe Facebook is overvalued, while just a third of those surveyed, 32 percent, said the $100 billion valuation is a fair reflection of the companys worth. Still, 51 percent say buying Facebook strikes them as being a good investment.
I hope the fade is very fast. I hope what ever replaces FB is done in a responsible manner.
Regarding the investment "advice" in the article, bear in mind it was originally published May 12, 2012.
Doubtful. Very doubtful. FB is run by Baraqqi partisans and provides a valuable service to the govt as millions of dullards provide essentially limitless personal information.
The stock may be under valued or over valued, but the platform works and has 100% name ID. It is not going anywhere. Market forces will drive it now that it is a public company.
The only way it will fade is if there is some decentralized social networking service in the form of what you see with a BitTorrent mixed with a DropBox, where you run a client on your machine and connect P2P style to other people (friends) running the same, or compatible program.
FaceBook was over valued.
FaceBook is being crushed by the amount of people world wide who use it, their servers are having a hard time keeping up and they apparently haven’t figured out how to up grade.
FaceBook phone application sucks.
FaceBook changes their policies quicker than people change underwear, so the customers they are trying to serve are frustrated.
However, FaceBook will be around for a long time, but probably not as big.
Whatever happened to MySpace?
I love Facebook. One of the most brilliant websites in History. It is great to see family pictures immediately. Seeing friends from years ago has been a bonus. People complain about everything and that won’t change. Not hurting you a bit.
It seems astounding that anyone who lived through the dot com decline in the late 90's fell for this hype.
Zukerberg did not “take the money and run”, he told everyone before the IPO what he was going to do, it was never a secret.
And Zukerberg only sold a portion of his holdings.
Facebook will fade due to unwanted changes.
I don’t use it as much as I used to.
Facebook investors filed suit against Chief Executive Officer Mark Zuckerberg, saying he knew the firm’s initial share price was too high, court papers say.
TMZ reported Monday the class-action lawsuit claims Zuckerberg sold a significant share of his Facebook stock, knowing in advance the $38 per share price would not hold up.
The price of Facebook shares has dropped sharply — off nearly 30 percent, trading at $27.27 per share late Monday — since its public debut May 18.
TMZ? Now there is a source.
I don’t know if it will ever fade away. Look at MySpace. It faded away, I think. (I don’t think it’s still around, is it?) But FaceBook replaced it. If FB goes away, there will be another venue for its members to take its place. People on FB really enjoy all the things it offers. We just won’t say, “Oh, well. That’s it. It was fun while it lasted.” Most of us now have contacts from all over the world with whom we will not want to lose touch with. I know FB isn’t for everybody, but some of us do like it, problems and all.
Thank you, napscoordinator. I feel the exact same way. What makes me angry is when people, who aren’t on FB, or have never been on FB, want it to go away and deprive those of us who enjoy it the pleasure of partaking in it. I don’t know about all the financial hullabaloo involved in it, but it’s a free item and it claims it will always be so. Some people have had problems on it, and they always make the news. My husband says if it’s on the news then it must be because it doesn’t happen very often. I think those having problems bring them on themselves, like posting things about your boss or your job online, or confessing to a crime publicly. Or making friends with people you don’t know. I’ve been on since 2009, and have never run into any problems with it.
When I saw my daughter film herself and a friend working on a flag corp routine then post it to Facebook and do it in a way that ONLY HER INSTRUCTOR could see the film then the instructor gave them Feedback on what they were doing right and wrong I finally realized the power of the platform.
It was second nature to her she never thought about it at all.
Now I see Churches and the Boy Scouts and all sorts of Civic groups and Cities and Townships using Facebook to get info out to people who want it in the form of text video and pics/ Plus Independent Writers, Musicians and Artists use it to promote their wares.
Facebook has become much more than a chat sight. Its becoming the premier way people communicate. Over half of Facebook accounts use their mobile devices to interface with Facebook.
LOL!! That’s great.
And here I thought I had an original idea worthy of an IPO.
Myspace (previously styled as My Space) is a social networking service owned by Specific Media LLC and pop star Justin Timberlake.
So is it still going? Does My Space still have clients?
Fools responding to polls. How many said “I dunno”? I’ll buy them a drink.
So what bothers you about Facebook’s existence and popularity? Do GM cars bother you as well? What else? Does it affect your personal life in a negative way?!
It’s still there but no one cares.
When I was younger I signed up for a Live Journal account. Now that is REALLY past popularity. But I checked at they didn’t delete it after 7 years of non-activity.
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