how the hell is mark zuckerberg worth $6B?

[marvdmartian]

I'm guessing it's because there's enough schmucks out there that click on the ads in FB. Personally, I find them annoying.....but then, I find ads anywhere annoying!

 

[Shlong]

The difference between facebook and sites such as friendster / myspace is that facebook actually evolves and does a lot of data mining. I think I read somewhere that people spend more time on facebook than the various google sites.

 

[QueBert]

Yea but it was worth more and Yahoo would have killed it. Look what happened after My Space was bought out by News Corp/Fox.

Myspace's decline was directly related to the fact all social networking sites from day 1 have a life span. Myspace ran its course, I still have many friends who are on MS every day. But it's still dying. FB will die too, not this year, not next year. But it's days are numbers. Mark is a pig headed fucker and 1 day he'll be left with a site that's worthless. There is no chance FB will beat the odds here, it will die like every site before it. Or be reduced to the popularity level of a Tagged.com. Which isn't much better than being totally dead.

 

[Wreckem]

I also agree with the fad and would sell out as fast as possible if I were him. How often do these kinds of companies stick around for more than 7-8 years? The technology moves too fast. One day people wake up and decide that whatever they have been spending the last 5 years of their life doing every day looks old and dated and they want to move on to something new.

Does facebook have a chance of pulling off a Google and being so entrenched into society that people can't break off? Sure they do. But it's much more likely that they'll copy AOL, Corel, Netscape and Yahoo as having a huge influence on the direction technology moves but ultimately be unable or unwilling to dynamically change fast enough to remain on top.

People seem to forget Myspace is only a year older than Facebook. Myspace crashed and burned because it had a ton of problems, namely its interface. Facebook passed Myspace in daily hits over 2 years ago. And has far exceeded anything any previous social networking sites have done membershipwise. Facebook is at half a billion subscribers and shows no sign of slowing down. The only way Facebook falls is if a better competitor cames along and it starts stealing members. So far that looks unlikely as several attempts have been made by well funded companies.

Facebook has to much money for an unfunded start up to succeed and the likes have Google have epically failed at social networking. The presumed death of Facebook is entirely premature and completey unfounded on current facts and data.

 

[Eli]

There is a zucker born every minute, thats how.

LOL. Nice.

 

[Imp]

More importantly, how the hell did he get a movie made about him?

 

[Riceninja]

when you have hundreds of millions of people hopelessly addicted and clicking pages on your site nonstop, you'd be worth 6 billion too.

 

[cheezy321]

More importantly, how the hell did he get a movie made about him?

Because facebook is a huge culturally significant event that will be talked about for decades to come? Maybe thats why?

Trent Reznor doing the score for the movie? Check
The director of fight club doing the movie? Check
100% on rotten tomatoes? Check

http://www.rottentomatoes.com/m/the-social-network/