Old Dogs, New Tricks encourages small business owners, for whom the vast majority of Americans daily work, as they adapt and succeed in an environment that includes the opportunity of Social Media.

Saturday, July 9, 2011

The Next Facebook?

TechCrunch reported that, according to a source close to the company, Facebook now has 750 Million monthly active users.  About half, 350 Million users, log on every day.  Yikes!

750 MILLION users on Facebook!  350 Million daily users!

Is it just me, or do these sound like crazy numbers to you?

At the same time, Mitch Joel's blog mentions reports that the pace of the growth in the number of new users is declining from month to month.  Joel also notes an overall plateau or decline in countries like the US, Canada and the UK.  Interestingly, I don't think that Facebook has officially acknowledged a total user tally since the company announced that there were 500 million Facebook users, some time ago. 

Will there ever be a rival to stand up to Facebook's overwhelming success?

In this blog, I recently wrote:  "....in a dorm room or garage somewhere out there, there is a David looking to take a bite out of Facebook Goliath"  ("My, My, My, My Space"  July 1, 2011).  There is a potential rival for Facebook, with name recognition and a bit more working capital than a college student scraping a few coins together to pay for a pizza delivery:  Google.   I am intrigued by Google's developing new social media platform, Google +.  Chatter around social media circles indicates a growing interest in Google +.  I'm pondering:  "Why would somebody either switch from Facebook to Google + or add it as a second social network?"  There are truckloads of smart people making astoundingly good money working at Google, and I'm sure we'll learn over time their answer to my question. 

Then there's also China's RenRen, in a country where Facebook is forbidden.

Google +, RenRen, the spark of an idea in a college student's brain.......anyone else willing to sling a stone or two at Facebook Goliath?

Thanks for sharing 89 seconds of your day,
Smitty

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