Facebook on the way out
Wednesday, March 5th, 2008The Manchester Evening News mentioned a survey that Facebook had lost 400,000 users last month and Bebo and My Space had a drop of 2% in numbers.
Is this the end of social networking.
No!
I am not very good at maths but if you have 5 people sign on to my Artisan social networking site and they each tell 5 more people and each new friend does likewise. Then after a cycle of this occurring 10 times you have 9.7m users.
The dynamics of this mean social networking sites can gather pace quicker than an August forest fire in California. A dampening in enthusiasm members is to be expected and can easily be in the hundreds of thousands.
What it all means is that social networking sites can be as transient as a pop star: some will survive others are waiting to be usurped by new pretenders.
