Facebook has been unable to stop new entrants: Pinterest, Snap, Tiktok, Twitter - All global and multi billion dollar companies, and still growing. More to come are: Telegram, Discord, Houseparty, Clubhouse Plus global competition from: Wechat, Weibo, Line Social networks come and go. The space is a lot more whimsical than people think. Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years.
> Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years. I honestly laugh whenever I hear people still bring up those early social media companies as evidence that social media heavyweights somehow come and go. None of those companies ever came near the global reach of FB. A quick Google search gives a peak user count of MySpace of between 75 and 100 million, for FB it's 2.7 billion. Those c…
None of those browsers ever came near the global reach of IE. A quick Yahoo search gives a peak user count of Netscape of around 80 million, for IE it's around 800 million.
Not that I believe for one second Facebook has 2.7 billion active individual human users. I've never even used it but I've signed up to about 10 accounts over the years, and everybody I know also has multiple accounts for various reasons.
In fact based just on people I know, I wouldn't be surprised if already most people are just using "Facebook" for messenger.