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Prediction: Facebook Will Remain Just Facebook

So Facebook is the hottest thing since Tabasco. It is now valued at $50 billion and founder Mark Zuckerberg (unless you believe those two Harvard rowers, or the new guy trying to sue for half of the company because he invested $1,000 years ago) is worth a cool $14 bill. And the site just went through a redesign, one I barely noticed. So is Facebook the new powerhouse? No. As one Redmond Report reader just pointed out, it is just a Web site.

Google took a simple search engine and built a multi-faceted empire. I don't see Facebook making the same moves, and without constant innovation, it could become the next MySpace. Does anyone remember MySpace?

What is your favorite and least favorite social network? Answers readily received at dbarney@redmondmag.com.

Posted by Doug Barney on 04/15/2011 at 1:18 PM


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