Wednesday, January 22, 2014

Is Facebook the Next MySpace?

Will $FB - Facebook be the next Myspace? (Uh, what is Myspace?)

I'm going to say “I don't think so” simply because a lot of adults use FB to keep in touch.  And adults have a lot more money than teenagers.

 imageFacebook (FB) could lose 80% of its users between 2015 and 2017 and could be headed to MySpace land, warns a Princeton University study.

"(Our) model suggests that Facebook will undergo a rapid decline in the coming years, losing 80% of its peak user base between 2015 and 2017," said the study.


People can’t predict what the weather will be like tomorrow or if MCD or PCP earnings will meet or beat estimates.

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