Facebook Will Disappear by 2020, Says Analyst: Agree?
Fef
2012/06/06 14:09:21
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"In five to eight years they are going to disappear in the way that Yahoo has disappeared," Ironfire Capital founder Eric Jackson told the CNBC show Squawk on the Street on Monday.
"When you look over these three generations, no matter how successful you are in one generation, you don't seem to be able to translate that into success in the second generation, no matter how much money you have in the bank, no matter how many smart PhDs you have working for you," Jackson says.
"Look at how Google has struggled moving into social, and I think Facebook is going to have the same kind of challenges moving into mobile."

"When you look over these three generations, no matter how successful you are in one generation, you don't seem to be able to translate that into success in the second generation, no matter how much money you have in the bank, no matter how many smart PhDs you have working for you," Jackson says.
"Look at how Google has struggled moving into social, and I think Facebook is going to have the same kind of challenges moving into mobile."
From Yahoo! News: Facebook's sliding stock price has at least one hedge fund manager predicting a dismal decade ahead for the social network.

Read More: http://news.yahoo.com/facebook-disappear-2020-says...

















The guy really meant to say AOL. instead of Yahoo.
I have a hate/hate relationship with Facebook.
facebook stock may disapear pretty quick...
However - it will lose popularity for sure. That is inevitable.