Now you can… More people think Facebook will sooner reach 1 billion users than it will do an IPO.
CNBC Funny Business Blog — Facebook’s Odds – CNBC
I actually believe the opposite. Speculative reasons:
- There’s a long way from 500M active users to 1 billion, and the growth trend might flatten, due to competition from/in primarily China and general jadedness.
- The owners might want to cash in, for the blatantly obvious reason, as well as to lower risk (Paul Ceglia, the Winklevoss guys, previous employees already selling through unofficial venues, etc).
This page hints at the impact of Facebook: Statistics.
“Since social plugins launched in April 2010, an average of 10,000 new websites integrate with Facebook every day”
That’s simply bizarre. I’ve mentioned Twitter being infrastructure for message distribution. Facebook is infrastructure for social interactions and recommendations.
“People spend over 700 billion minutes per month on Facebook.”
That’s a huge time-waster.