Trying To Justify That $2 Billion Pricetag, Facebook Expands Beyond Students

from the now-more-like-myspace dept

Here's one you couldn't see coming. Social-networking site Facebook is expanding beyond high school and college users. However, instead of just opening it up to anyone, which might rob it of its uniqueness, they're opening it up to employees at select corporations. So now, instead of it just being a tool to allow a student to hook up with that person in their Gender in the Fin De Siecle class, someone in sales at Intuit can flirt with their cute colleague in HR. It's no surprise that they want to expand their userbase. The company is open that they want to sell out for $2 billion, while at the same time there's evidence that their traffic is flagging. They may have waited too long, however, to go after this market. Lots of me-too starupts want to be the MySpace of the enterprise.

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  1. identicon
    Doug Sherrets, 28 Apr 2006 @ 10:15am

    My analysis of facebook adding companies from Augu

    Hi,

    I wrote about this on August 31, 2005. Check out the article: http://www.minorityrapport.com/2005/08/facebook_for_al.html

    I wrote a new post yesterday: http://www.minorityrapport.com/2006/04/fun_it_actually.html

    It will be interesting to see the adoption curve at companies.

    Doug

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