Facebook is the world’s most popular social networking website right now. Mark Zuckerberg started this as a project in his dorm room and has now become a billionaire. But I am pretty sure that all of you would have watched Social Network by now. So, the company went public some time back and hit huge heights. The social network’s stocks were priced really high. But unfortunately, the company’s stock fell to an all time low of $17.55 in September. That was a disaster and a lot of stakeholders were a bit terrified.
The thing is that people thought Facebook is going to be one of the greatest company’s the world has ever seen. It is true that it is the best social network that the world has seen, but it is just another internet company which can come down any day. I have absolutely nothing against Facebook. But I think that someday in the future, another awesome social network would come up and destroy Facebook, or at least push it to second place.
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