Oct 25, 2007
Who will buy Facebook ?
Mark Zukerberg would be delighted after selling the 1.6% stake in facebook to Microsoft in USD 240 million. This lead to the estimation of facebook around USD 15 billion, which is huge amount. Now every body understand very well the future of social networking in coming years and hence web 2.0 development is also headed in
the direction guided by the rules of social networking. Imagine web after 10 years weher everybody(almost) has a web identity and all the transactions, admissions, intreactions, sharing would be done by social networking. This potential has alreday been dentified by Mark zukerberg and orkut couple of years back and hence created there gems.
Now big players in the game (MS, Yahoo, Google) are trying to acuire these new age entrprenuers dreams and convert them to revenue generating businesses. That's why when MS and Yahoo offered Mark USD 1 Billion some time back for buyout. Creator of FaceBook was smart enough to know the value of his assets and ideas and refuses. Now more then 100 thousand developer community has been build upon Facebook and people are really excited to use the new facebook applications.
Now the real question is, Who will buy Facebook? That's because not every one is as smart as Larry and Sergey (Mark?), who will save itself from big fish in the sea and dwell on its own in early years and then grown up with confidence. Google guys already set up the example and now we have to see weather Zukerberg has the that gut or increasing size of company force him to sell it out to biggies.
One major difference is that, Google came into business very silently and at that time nobody on biggies identified Google as possible threat, and also Google offered such high quality and that's why they created there own business. But here in case of Facebook its already been hyped much (as we saw in Web2.0 summit) and also such a service is need of the hour as broadband is ubiquitous and more and more peoples have started to spent more time on internet to collaborate with there friends. MS and Yahoo didn't want to loose a big share of possible business to a boy and also they didn't want to repeat there mistake again (The Google Fiasco - as seen by MS Guys).
Steve Ballmer , The Micorsoft Chairman, might estimate Google as a 3 year boy in the world but he very well understands the age of the Google and also when this kid growing really fast. Buck Up Mark! Do a Google.
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