Actually, probably their second biggest after missing out of the Google acquisition - FB is big, but no GOOG.
Robert Dewey
· 2 years ago
You're probably too old to really be in the MySpace scene, Pete, So I'll let you in the loop ;-)
I had roughly 250 people on my friends list at MySpace. Of that 250, over 50 have deleted their profile and moved to Facebook. Other people have also noted similar user movement, but Alexa doesn't seem to show any significant drop in traffic.
I think it's quite possible that Facebook could consume MySpace's userbase at some point.
Just a personal observation.
Robert Dewey
· 2 years ago
Pete; you comment on your own blog? You know what they say about bloggers that comment themselves (kind of like lawyers that represent themselves)... heh
Pete Cashmore
· 2 years ago
Hehe, yeah, it's easier than updating.
RS
· 2 years ago
I'm an accountant by profession (but an IT geek nonetheless) and for the life of me i can't understand what is the $3B really based on? Is FB really THAT big that someone will recoup the $3B in 5 years or less after expenses? That works to $600mil net per year and then only do the profits come rolling in. As you know 5 years on the net is an eternity, and getting 600mil net profit per year from college students on a social networking site is , well, just a pipe dream.
But stranger things have happened before.
Phil Butler
· 2 years ago
Is it a question of Facebook getting better of myspace getting old?
I think there is so much cross residency going on that Pete and Kristen could be all of these people :)
Heck, perhaps Google is creating "virtual" users with all the people they have working on algorithms. Wow, I may be the only one here!
Robert--Pew says that people can / do comfortably maintain 2 social networking personas, two different networks. In the groups of my peers (read: HS-college age) that use MySpace, FB is there too. However, they use MySpace for slightly different ends and as such it has a relevancy to them that FB currently doesn't, so they use both.
Pete Cashmore
· 2 years ago
Mike,
How come we never get any news outta Spaces? It's reportedly one of the biggest networks. You guys need to toot your own horn more often. ;)
Rob Dolin
· 2 years ago
Kudos to the Facebook guys. I personally hope Zuckerberg et. al. are able to build a sustainable business on their own. (IMHO) They're doing some very exciting stuff and it's great to see a company with a strategy that doesn't end with acquisition.
Pete, great question about why Spaces isn't more visible. Hopefully you'll be seeing some more exciting news from http://thespacecraft.spaces.live.com soon. ;)
Pete Cashmore
· 2 years ago
Rob,
Subscribed!
Gregory Talon
· 2 years ago
Nobody care about windows live space.
Facebook will never take the lead on myspace cause it's positionned on discovery as Myspace.
Gregory Talon
· 2 years ago
cause it's not*
Ugh
· 2 years ago
People graduate from college and eventually choose not to be identified solely by where they went to school - well, most of them do. That gives any college-oriented site about 4-6 years from the peak to utter stagnation. Just ask all of the college whatevertheheck .coms of Web 1.0-1.9.
RS
· 2 years ago
@Ugh,
Exactly. I don't understand at what point the valuation of any business just becomes ridiculous. In about 5 years from now, FB will have been an old technology and nobody would care much... unless they break all internet rules and become the Google of social networking.. which i doubt much.
Mike Torres
· 2 years ago
Thanks Pete. Rob and I are going to do what we can to get some stats about the service out there. Things like total number of markets we're in (people will be surprised) and stats around photos and blogs worldwide. The photo numbers will surely surprise many, many people who say things like no one cares about WL Spaces ;)
Jeff
· 1 year ago
I disagree. As we see now, look at how small myspace is getting because of competition. Eventually someone will make another facebook type site, and people will join that.
All Comments
I had roughly 250 people on my friends list at MySpace. Of that 250, over 50 have deleted their profile and moved to Facebook. Other people have also noted similar user movement, but Alexa doesn't seem to show any significant drop in traffic.
I think it's quite possible that Facebook could consume MySpace's userbase at some point.
Just a personal observation.
But stranger things have happened before.
I think there is so much cross residency going on that Pete and Kristen could be all of these people :)
Heck, perhaps Google is creating "virtual" users with all the people they have working on algorithms. Wow, I may be the only one here!
Hello! Is anyone there?
http://www.microsoft.com/presspass/newsroom/msn...
How come we never get any news outta Spaces? It's reportedly one of the biggest networks. You guys need to toot your own horn more often. ;)
Pete, great question about why Spaces isn't more visible. Hopefully you'll be seeing some more exciting news from http://thespacecraft.spaces.live.com soon. ;)
Subscribed!
Facebook will never take the lead on myspace cause it's positionned on discovery as Myspace.
Exactly. I don't understand at what point the valuation of any business just becomes ridiculous. In about 5 years from now, FB will have been an old technology and nobody would care much... unless they break all internet rules and become the Google of social networking.. which i doubt much.