Wednesday, January 22, 2014

Is Facebook the Next MySpace?

Will $FB - Facebook be the next Myspace? (Uh, what is Myspace?)

I'm going to say “I don't think so” simply because a lot of adults use FB to keep in touch.  And adults have a lot more money than teenagers.

 imageFacebook (FB) could lose 80% of its users between 2015 and 2017 and could be headed to MySpace land, warns a Princeton University study.

"(Our) model suggests that Facebook will undergo a rapid decline in the coming years, losing 80% of its peak user base between 2015 and 2017," said the study.

From http://news.investors.com/technology/012214-687157-princeton-study-sees-myspace-future-for-facebook.htm

People can’t predict what the weather will be like tomorrow or if MCD or PCP earnings will meet or beat estimates.

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