According to an analysis of the top 100 U.S. Internet properties in 2007 by comScore, social networking giant Facebook.com reaped the benefits of opening registration to all users, jumping 81% versus December 2006 to 34.7 million visitors in December 2007. Facebook is of course still quite behind the social networking site MySpace, but it is quickly gaining. Other highlights of 2007's major trends in U.S. Internet activity include:
- Wikipedia Sites gained 34% to reach nearly 52 million visitors
- Leading classified site Craigslist.org jumped 74% to 24.5 million visitors
- AT&T grew 27% to 30.2 million visitors (think exclusive iPhone carrier)
- Yellow Book Network jumped by 137% to 10.4 million visitors
- Searches at the five major core search engines increased 15% to 9.6 billion searches
- Google Search Sites increased over 30% and hit 5.6 billion searches
- Yahoo! Search Sites decreased by 4% hitting 2.2 billion searches
- Microsoft Search Sites increased 8% and hit 940 million
There should be a way to disable it. I honestly spent 10 minutes just minimizing all the apps on one of my friend's pages. It gets so ridiculous.
Yeah really. Releasing of Facebook API is the worst thing ever.
I don't think many more offers of that value will come along. He should take the next one and run.
The guy was talking out of his hole then. They do generate income. The number one generation of income for popular sites comes from the sheer amount of traffic they get. With that traffic, they are an attractive prospect for advertisers and other sources of revenue. So he's just doing the whole sob story thing.
They can't be having "that much of a problem" if somebody is willing to pay $1billion for it, or more to the point, that he can turn that down!
About a couple of years ago, when Facebook first started making a strong blip on the social networking radar, I mentioned to a friend that if they ever opened up the network that their growth would mushroom. That's what prompted the Yahoo $1 billion offer. Zuckerberg declined because he figured if News Corp would buy Facebook for $580m and Google would purchase YouTube for $1.65b then, certainly, Facebook, at the time was worth at least twice that. At the time I figured he was right.
When Facebook finally released their Platform API last year I projected that their valuation would probably hit $5 to $7b in no time and that it was quite audacious of Zuckerberg to be looking for $12 to $15b. But, sure enough, Micro$oft purchases a mere 1.6% of Facebook for $240 million making the valuation immediately $15b, yes that's $15 BILLION, at least on paper: http://www.nytimes.com/2007/10/25/technology/25facebook.html.
Now, with the buzz of Google's OpenSocial, I could see that slashing Facebook's value considerably just on speculation that OpenSocial API would suck a lot of talent away from Facebook Platform to a plethora of other social network players and at least become competitive in the space where there was no competition before.
Further, with speculation on the public's waning interest in social networking: http://www.neowin.net/news/main/08/01/31/f...-social-network (which the article you're reading now somewhat contradicts according to the 81% visitor increase), Facebook's true valuation is up in the air. I would lean more toward the positive, but not as positive as maybe 3 or 4 months ago. I would project their value, if they were looking to be bought, at about $7 to $9b.
So a link is sent to their inbox and they click it usually.
Then also, if like my Suzie, she has a facebook account, when she adds a friend all their friends want to be added to, so she gets hundreds of links to add or ignore.
Thats why they get more visitors.
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