That was started as an idea I read in a news article somewhere in February of 2010. But recently a few weeks ago, Google blocked Facebook users from importing contacts from Google because Facebook does not share but a taker. According to Google.
Facebook's problem right now is cashflow.
I think it once again made a loss this year, so it needs investor badly.
I think the only investor willing to go in right now is Microsoft. For some strange reason, maybe its to limit Google's influence.
But if Facebook is successful in getting funding and help from Microsoft, it could pose serious threat to Microsoft later on. Since Facebook have been buying out alot of rivals or potential rivals to get highly skill employees and shut down the other bought out. Main purpose, becomming a software land, a direct threat to Microsoft.
The problem?
Facebook already spent alot in 2010.
They probably have a net loss this year, and advertising in 2010 probably was less than 2009. At 2009 they wrote it was a profit in the tens millions (nearly breakeven) but nothing confirmed. In 2009 valued itself at $10 Billion, in 2007 valued itself at $15 Billion when Microsoft hop on.
So what's 2010?
Large expansion, huge ambition, including offering traditional emails.
Taking over groupon sites, map, online transactions, and offcourse huge developer's platform for games and apps.
At what cost?
Cashflow is probably NEGATIVE.
Ađding to the recession, facebook click per impression is very low compared to Google.
I think facebook is desperately needing cash to continue expansion.
It did alot in 2010, not to mention customer database nearly doubled. In terms of hundreds of millions.
Who's going to feed the hungry Giant/Tiant ?
Will it be Microsoft?
Will the Titan collapse ? if there is no cash?
What happen when Google starts to launch its Social Sites?
This will eat away customer database.
Not only that, people grow up. Facebook is just like Myspace.
Highschool kids grow up.
College kids graduate and move on.
I be waiting to see who FB is asking money from in 2010.
And who's going to feed the giant.
What will happen when cash is gone???????????????????