People will eventually abandon Facebook for private social networks

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“They will eventually abandon it for private social networks or the next big thing. Facebook could go the way of AOL and Myspace.”

Is Facebook really doomed? +vivek wadhwa puts Google’s and Facebook’s business models side by side before analysing why the former will last long into the future thanks to Google’s innovative endeavors – Facebook is just “squeezing every penny it can out of its customers to justify its inflated stock price.”

Incidentally, this article is published on LinkedIn here.

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