I’ve been thinking about the medium and long term — by which I mean 5-10 years and 15-30 years from now; the tech world changes so quickly that anything beyond that is sheer guesswork — and trying to imagine when, how, and if Facebook will wither away. Warren Buffet always advises investors to buy a company with “moats” defending them from competitors, and Facebook has one of the deepest and most dragon-laden moats in the world. First, of course, there’s the network effect; with a billion active users, everyone goes there because that’s where everyone is. Read the full story at TechCrunch.
About Shelly Palmer
Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on augmented intelligence and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb
Like it? Tweet it.
"Something Someday Will Kill Facebook, But We’re Not There Yet" by @ShellyPalmer
600,000 subscribers and counting...
We write a daily newsletter featuring current events and the top stories in technology, media, marketing and entertainment.Subscribe