Social Media Magazine

Analyst: Facebook Will Disappear in 2020

Posted on the 06 June 2012 by Hpmurah2u @hpmurah2u
facebook disappear in 2020
If the stock price from Facebook continued to decline, then it seems the fate of Yahoo would also be experienced by the largest social networking sites such as this. It is said by the founder of Ironfire Capital, Eric Jackson, that in the next 5-8 years, Facebook will also disappear, as happened on Yahoo today. 
Added that Yahoo is currently still able to earn money and still profit, but the company has 13,000 employees turned out to only 10% when the company has 2,000 employees. He explained that his comments is that because the world is running very fast and increasingly competitive, so that all dominant in previous generations would be difficult to hang on to the next generation. 
This is one of them can be seen from the shares up for sale on May 18 with the $ 38 per share and the closing price on Monday only for $26.90. Facebook currently is over-focused social networking is expected is difficult to switch to mobile, as with Google that debuted in the mobile field is still struggling to develop a social network, Google +. source

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