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OnMedea: Social Media: September 2010 Archives

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.

facebook_slide_unique_user_projections.jpgThe 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_small.jpgJill Kennedy - OnMedea

About Jill Kennedy

Jill Kennedy - Blogger - OnMedea Jill Kennedy is an Ivy League MBA / refugee from Lehman Brothers.

Manka Bros. (and the Manka Business Channel) hired her (for a very low sum) to cover the world of media (not the world of Medea) in her own words without corporate interference.

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About Medea

Medea Medea was a real bitch from classical mythology - as most famously dramatized by Euripides.

She was a sorceress and wife of Jason, whom she assisted in obtaining the Golden Fleece. When Jason deserted her, she chopped up their children. One could say, Medea acted as rationally as a major media company.


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