Facebook In the News

Facebook logoA lot of press has been given to the social networking site lately. From the opening of the site to include non-college students, things have been going fairly well. Growth has been great, having reached the 30 million user mark recently, successfully released their API, and all indications are that the site is either going to be purchased for several billion dollars or move towards an IPO. The attention the site has gotten lately isn’t anything new, and the comparisons of Facebook to MySpace are reminiscent of the YouTube vs. MySpace comparisons that were taking place around this time last year.

Unlike YouTube, it is unlikely that Google will be heading up any purchase of the site, especially if Google really is afraid of Facebook. The price definitely limits the number of available suitors, but the opportunity and potential for Facebook is virtually limitless. Hopefully Mark Zuckerberg has moved past his ‘i’M CEO … bitch‘ attitude (but hey, for the right price I’d go be the CEO’s bitch). :) 

Leave a Reply

OpenID

Anonymous