Facebook Stepping Forward

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Facebook some time ago to open an initial public offering on the Nasdaq trading floor. But deviated from expectations, its stock price slid down and at least one hedge fund manager predicts social networking will have a bleak decade.

"In five to eight years, they will disappear like Yahoo disappears," said Ironfire Capital founder Eric Jackson on CNBC.

"Yahoo is still making money, is still beneficial, and still has 13 thousand employees who work for him. But this is only 10 percent of its value in 2000," he added.

Mashable proclaimed Wednesday (06.06.2012), according to the front, will appear a continuation of the mobile web. Facebook will struggle to adapt to this paradigm shift.

"The world is moving faster, is more competitive, not less. I think they are dominant in previous generations would really have trouble moving to a new generation," he said.
"Facebook could buy a lot of mobile companies, but they remain a big, fat website. It is different from a mobile application," added Jackson.

Facebook some time ago bought Instagram photo-sharing application that according to some, seen as a potential rival. This indicates they recognize the potential of mobile as a stumbling block to continued growth.

Jackson saw Facebook as second-generation members of three generations of modern internet companies. The first generation, highlighted by the business aspects such as Google and Yahoo. They serve as a portal that is organized and gather a wealth of information on the web.

The second generation, especially Facebook, take advantage of the emergence of the social web. While the third generation consists of companies that sole purpose is to improve, and earn income from mobile users.

"When you see the third generation, no matter how successful you are in a generation, success would be unlikely to be translated in the second generation. No matter how much money you have in the bank, no matter how many intelligent scholars who work for you, "said Jackson.

"Look at how Google is striving to be more social, and I think, Facebook will get a similar challenge to step into mobile," he concluded.

By  Yoga Hastyadi Widiartanto


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