The Real Reason FaceBook Opened Up : Yahoo! Incposted by MR WAVETHEORY at 9/27/2006 02:46:00 AM
What I think opening up also means is that FaceBook has played the end game move. You can only open up the site once and get a big boost of traffic. FaceBook knows that Yahoo is looking to buy something cool, yet if FaceBook isn't acquired by Yahoo! soon, then it will be the last of FaceBook. My bet is that FaceBook will turn out just like Friendster if it stood alone without Yahoo! So, here you have two juggernauts each trying to get the best of each other - classic deal makers.
It's not easy being a Web 2.0 company. All you have to do is look at the MediaMetrix numbers which show that MySpace video has overtaken YouTube as the most trafficked destination for videos after a few short months. The thing about hypergrowth is leaders rarely stay leaders for long.
|Property||Streams initiated (mm)||Unique streamers (000)||Streams per streamer|
|Time Warner Network||258||25,675||10.1|
Update: FaceBook is suing copycat FaceBen - which is now renamed FaceRen. FaceBen nka FaceRen is a Chinese FaceBook.