Tag Archives: Friendster

The Facebook IPO was the biggest news for the past 5 months, with all the preparations, the hype and the valuations. Everything seems to have died out on the day Facebook stocks hit the trading floor. It just wasn’t enough. People really were not interested in buying Facebook stocks. What went wrong? After the passing clouds of MySpace, Friendster, etc., ... Read More »

Much like MySpace, Friendster etc. Americans believe that Facebook too will soon fad away. In a poll conducted by AP/CNBC an overwhelming of 46% people say Facebook is likely to “fade away as new things come along”. 43 percent predict it will be “successful over the long term.” And with its long-awaited IPO drawing near, half of Americans also say ... Read More »