Description: FACEBOOK now has more than 400 million active users, up from only 50 million as recently as 2007. If social networking still resembled a young, hip downtown nightclub scene  one day a site is hot, the next it’s not  we might expect the crowds to decamp soon. Facebook would become another Friendster, still around but ghostly, forgotten by most.
Source: NYTimes.com
Date: 03/05/2010
Link: http://www.nytimes.com/2010/03/07/business/07digi.html?ref=business
Questions for discussion:
- Explain the ongoing success of FaceBook.com.
- Do you believe this business model is sustainable?
- How can FaceBook increase revenues?
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