Something tells me that Facebook is quickly become the most talked about company on the Internet. Even more so than Google, as it extends past just Google geeks and into the broader mainstream.
In the past week, I don’t think I’ve had a single conversation or meeting that Facebook wasn’t brought up in. Even when I’m having a nice dinner with my wife out in the town, the couple next to us is yapping on about Facebook! South Africa has nearly 5m Internet users, and only about 125k Facebook users, but it’s like everyone in the youth market (20-35′s) are talking about Facebook! And according to Alexa, FaceBook is the 2nd most accessed site in South Africa at the time of writing, with the 1st, being Google.
As if that wasn’t enough, Facebook.co.za (out local domain) is being (allegedly) cybersquatted and Facebook hasn’t even noticed yet! Not going to delve into this, but here are some other blogs about it.
The stats that Techcrunch recently reported on Facebook’s growth is astounding and it’s becoming a category killer in Social Networks. You cannot compare MySpace to Facebook – they are different beasts altogether.
Facebook’s API move was so significant that Venture Capitalists are launching Facebook Apps funds, which is a GREAT idea!!
Facebook is creating havocs in people’s relationships, but arguably, from my perspective, it’s exposing weaknesses and incompatibilities that already existed in their relationships. Here are some examples:
1. I know someone who’s significant other broke up with them because they found them using Facebook and saw all their ex’s.
2. I know someone who doesn’t tell their significant other about them and hides it…
3. I know someone who is not allowed to use Facebook by their married partner
4. I know someone who watches everything their partner does on Facebook looking for any hint of indiscretion.
This is getting a bit nuts, and I’m no relationship therapist, but I can say that people who are insecure about their partners using Facebook, might as well lock them up at home as well. A social network mimics real life networks and fills the void created by distance to friends and family. If you can’t trust or be trusted, you’re probably in the wrong relationship, so get over it and move on (yeah yeah, I know, often easier said than done!).
What does the future hold for Facebook? I’m not sure exactly, but I think it’s pretty big, due to the vast number of minds applying themselves to the platform.
Here is a suggestion for Facebook:
I have 500+ friends, and I don’t add people I don’t know to my profile. However, in those 500 friends, there are probably only like 10-20% that I really trust. I would the ability to be given points and be allowed to allocate points to my top 25 friends.
Best friend: 25 points
2nd Best : 24 points
3rd Best: 23 points
etc etc etc
This way, I would infer trust to those people that I do trust, and given a decent distribution, each user would have a different friend point allocation. Those people in the network with the highest points, would be given a higher “Trust Score”. This would far better enable me to use the Facebook Marketplace whilst shopping for goods and services, as I would know who I could trust and it would mimic the offline world trust aspects. Facebook can become the new eBay in this way, but creating a network where trust is established.
There is my contribution, now with a few million more suggestions, I can see how Facebook will rule the Internet
The big question: Who is going to buy Facebook and for how much?
My bet: Microsoft for like $10bn… (because they just need to do SOMETHING – Live.com is not exactly keeping Larry & Sergei awake at night, but Facebook probably is!)