- 15 Jan 08, 12:42 GMT
Darren’s entry about those impressive social networking numbers got me thinking about my own relationship with Facebook – and what that said about its prospects. It’s been pretty intense, indeed obsessive according to some friends and relatives, but I have noticed in recent weeks that annoying applications (vampires, virtual fish, hugs – just leave me alone) and worries about privacy are dulling my enthusiasm and that of some friends. Perhaps it’s not for the more mature networker after all – but I’m reluctant to head for the SagaZone and leave Facebook to its core audience of twenty-somethings.
Mind you, its twenty-something founder Mark Zuckerberg is betting an awful lot on the growth continuing. This week he insisted there would be no IPO in 2008. Mark – take some advice from someone who watched the last dot com bubble inflate and then burst. Sell up now – you’re never going to beat that $15 billion valuation which Microsoft put on the business when it bought a small stake last autumn.
I explored some of these issues in a report for Radio 4’s Today programme. Unfortunately it was broadcast at 0623 on New Year’s Day, so you might just have missed Toby Young (author of How to Lose Friends and Alienate People) revealing just how superficial friendship can be on Facebook. Click here to listen again.
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