R.I.P. Facebook? Following in AOL’s footsteps to failure!
Facebook is the world’s largest social network, with 1.15 billion monthly active users as of June 2013. Despite its popularity, the company continues to face challenges that have the potential to derail its success in the future. Among these challenges is the fact that many consider Facebook a “walled garden”. In fact, Ian Lurie, founding CEO of Portent, compares Facebook’s walled garden business model to AOL’s. This is because most of the features that people really like about Facebook can only be used when members are actually logged into Facebook, much like the AOL platform during its peak – when users could access everything from weather to news upon logging into their accounts. –
See more at: R.I.P. Facebook? – ‘Net Features – Website Magazine.