Quote:
Originally Posted by Wizzo
The one advantage I see Facebook having is they have worked hard to integrate with other aspects of people's lives. For example, I really like the way that people on my facebook, their pic shows up on my phone when they call without me having to select a pic for everyone on my contact list.
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True, today is totally different than 5 years ago in terms of technology and how integrated the Internet is into everyone's lives. History shows that these social sites last a few years, maybe up to 5, and then a new lighter system sweeps in and slowly pulls users from a bloated system. Though like you said, FB is no longer just a social media site as Google is no longer just a search engine. Will be interesting to see what happens next.
The valuation on some of these Internet companies is unreal. I don't know enough about the stock market to know how they really work, but it has to be based on hype and quick money, I don't see any other way.
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