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#22
04-01-2006, 09:40 PM
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Re: Facebook turns down $750M acquisition offer
wacki,
sixdegrees.com was around long before any of this stuff. Friendster had millions of users before MySpace/Facebook/etc existed. Friendster is stumbling along while MySpace sold for $580M and continues to grow and Facebook is looking at billion-dollarish offers. It's not about innovation, it's about execution and timing. 
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#23
04-01-2006, 09:44 PM
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Re: Facebook turns down $750M acquisition offer
[ QUOTE ]
wacki, sixdegrees.com was around long before any of this stuff. Friendster had millions of users before MySpace/Facebook/etc existed. Friendster is stumbling along while MySpace sold for $580M and continues to grow and Facebook is looking at billion-dollarish offers. It's not about innovation, it's about execution and timing. [/ QUOTE ] El D, Why do you think that is? What was special about the execution and timing of facebook and myspace as opposed to the others?
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#24
04-01-2006, 09:46 PM
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Re: Facebook turns down $750M acquisition offer
[ QUOTE ]
[ QUOTE ] I don't understand why facebook was such a hit. Websites like classmates.com have been around for a very long time. So what made this such a huge innovation? Is is simply because it's more "myspace" like? I dunno i haven't used any of those sites. [/ QUOTE ] classmates is a pay site to my knowledge, facebook is FREE [/ QUOTE ] And for what it's worth, facebook is not very similar to MySpace
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#25
04-01-2006, 09:52 PM
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Re: Facebook turns down $750M acquisition offer
[ QUOTE ]
It's not about innovation, it's about execution and timing. [/ QUOTE ] A free service on the internet is the last place I would of expected "timing" to be so critical. I am more interested now than ever in figuring out why this was such a huge hit when so many others failed.
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#27
04-01-2006, 10:00 PM
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Re: Facebook turns down $750M acquisition offer
wacki,
There have been countless articles written answering exactly the question you ask. Here's one decent writeup. For lots of coverage and analysis of the space, see here.
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#28
04-01-2006, 10:01 PM
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Re: Facebook turns down $750M acquisition offer
[ QUOTE ]
[ QUOTE ] It's not about innovation, it's about execution and timing. [/ QUOTE ] A free service on the internet is the last place I would of expected "timing" to be so critical. I am more interested now than ever in figuring out why this was such a huge hit when so many others failed. [/ QUOTE ] I think myspace is executed much better. The way the profiles are displayed and executed is much more appealing to a lot of people, plus it has bands and better promotions, and initially had better photo hosting, comments, etc. Friendster is starting to catch up on some of those but the interface is still not as good. Facebook is a hit for different reasons, specific to meeting college kids at your own school, and is set up well for that. NT
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#29
04-01-2006, 10:38 PM
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Re: Facebook turns down $750M acquisition offer
there are a lot of gums in that couple.
mass mass gums. gums everywhere.
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