Facebook, the next Google?

Excerpt:
"Software juggernaut Microsoft managed to become the de facto desktop platform by successfully leveraging the 3rd party development. If the kids from Facebook can pull off a similar coup, they will go from a destination with tens of millions of users, to one with hundreds of millions of users. Think that’s big? You ain’t seen nothing yet. A couple more well-placed chess moves will position Facebook to compete with the GYM (Google, Yahoo, MSFT) crowd.

What is the next big move? A public offering. They are reportedly in the black. Microsoft has reportedly offered them a rather sizable guarantee (hundreds of millions) in exchange for the right to monetize their search. The fact that they are buying up all the property along University Ave (where their HQ is in Palo Alto), is a firm indicator that they have something far more interesting up their sleeves than a fat acquisition. My prediction is that they will file their S1 by mid-next year. With the capital garnered from an IPO, they will be free to acquire services in core areas (search, commerce, etc), continuing their platform push and giving the digital media world yet another new-comer to worry about."

http://www.widgify.com/?p=93

Alex

Sphere: Related Content