I’m a father of 5 too and agree this will not die. All of my 5 adult children, their friends & family and my wife all love keeping track of eachother on it. I’m the only one not on it.
Nobody sends me email any longer . Everybody I know can be contacted via Facebook , and one can even do live chat with a friend .
Not a question of no one using it, it’s a question of making money while providing the service that everyone uses for free.
Facebook is tracking and copyrighting the lives of all those in perpetuity who spend their time inputting their private information of friends, activities, political leanings, photographs, etc.. It won’t be long until most people start to understand that privacy is more important than allowing a corporation to hold the rights to one’s life. These liberal upstarts have colluded with the Wall Street gang to strip $50Billion from the fools who bought the stock.
I agree with others that the public foolishly bought into the concept of sharing private lives, while Facebook is recording it all, and now the smart money and people in the know and who can see just how destructive that lack of privacy will be to careers and privacy do understand that we will soon not want it.
Zuckerburg supposedly stole the concept originally, and now he seems to have stolen a lot of money for an imaginary business that makes no money.
And they all pay nothing to use it. Hard to make money on a 'free' service, especially one that is hard to monetise on moble apps.
They will make some money, but noting to justify the high valuations.
It’s not going to die, but it’s not and never was a $38 or whatever it was stock. It’s an 8-10 stock. It’s profitable, it’s not vaporware. Try have to work on better monetization of mobile particularly but they aren’t going anywhere.
I give Facebook credit they bilked every penny they could in their IPO.. You sell an $8 item for $38 to millions of buyers you aren’t a fool but youdo show how foolish a lot of folks on wall street are