Facebook grows up

October 25, 2007 at 5:18 pm | Posted in Facebook, Microsoft, MySpace, Online marketing, User generated content, Web 2.0 | 1 Comment

It’s rough being an internet superstar. For one, no one leaves you alone. If you’re swamped in all of the Facebook-centric news of late, this round-up should help:

First, every cool new kid has to deal with the most popular kid in school:

Facebook opens back end to user-developed apps; MySpace responds “Us too!” (Except Facebook apps can sell crap.) Psychographic Ads on Facebook; MySpace responds “Us too!”

Then the snarkiness ensues:

MySpace owner Murdoch says Facebook not worth $15B. Experts say Facebook might be worth $10B, but also worry Web 2.0 sky might be falling. More experts resort to questioning whether there is enough space on the web to handle both Facebook and MySpace, despite years of already doing so.

The cool new kid starts to notice girls:

Facebook wants to grow up, become LinkedIn, wins popularity contest, declares independence.

Finally, the girls start to notice the cool new kid:

Microsoft, playing coy, pleads non-interest in Facebook. But, of course, they are and the two fall in lurve.

And that, dear friends, is how a company slated to do $150 MILLION dollars of revenue in 2007 ends up being valued at $15 BILLION dollars. Incredible.

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  1. [...] Google Sees Facebook And Raises – The Gates Could Open Wider With Maka-Maka October 31, 2007 at 6:45 am | In Communication, Facebook, Online marketing, Web 2.0 | Tags: APIs, Facebook, Google, openness Apparently Google plans to respond to all of the Facebook noise (see my wrap up here: Facebook Grows Up). [...]


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