Social Media: September 2010 Archives

OK, it's September.  The power players in the media world have completed their 'summering' and can now return to the passion of their lives - ridding the world of boredom and malaise by producing films, TV shows, games and websites.  So... it's great to be back.

The title of this blog is truly remarkable and, frankly, bullshit. 

I received the chart to the left from a friend of mine at Facebook (which was pulled from a recent management presentation). 

Takeaway:  The number of Facebook users by 2015 will EXCEED THE EARTH'S POPULATION. 

Sounds impossible I know.  But I suppose nothing is impossible when it comes to Facebook.  Because at Facebook it's not "Impossible", it's "I'm Possible".

A couple of months ago, I wrote a blog titled "Facebook Is Worthless".  I stand by the arguments in that blog (even though I received the wrath of many a Facebook insider who doesn't want to see the value of their stock options go down) because, no matter what Facebook senior management tries to tell the press, no one seriously believes they are profitable.  I believe the real numbers would freak too many people out who are praying for an IPO in the near future.

Just because everyone is on it doesn't mean the future is bright.  Just look at the AOL and Microsoft monopolies in the 1990s.

Jill Kennedy - OnMedea