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	<title>Market Squeeze - Stock Market Madness &#187; way of the dodo bird</title>
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		<title>Facebook to Go the Way of the Dodo Bird in Five Years</title>
		<link>http://www.marketsqueeze.com/2012/06/04/facebook-to-go-the-way-of-the-dodo-bird-in-five-years/</link>
		<comments>http://www.marketsqueeze.com/2012/06/04/facebook-to-go-the-way-of-the-dodo-bird-in-five-years/#comments</comments>
		<pubDate>Mon, 04 Jun 2012 16:30:28 +0000</pubDate>
		<dc:creator>J. Webster</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[adding older folks]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[going to disappear]]></category>
		<category><![CDATA[under 13 users]]></category>
		<category><![CDATA[way of the dodo bird]]></category>

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		<description><![CDATA[If you&#8217;ve been watching the news or reading the LA Times, you&#8217;re well aware of Facebook&#8217;s efforts to add more of the right kind of users. And they&#8217;re not adding [...]]]></description>
				<content:encoded><![CDATA[<p>If you&#8217;ve been watching the news or reading the <a href="http://articles.latimes.com/2012/may/30/business/la-fi-facebook-teens-20120531" target="_blank">LA Times</a>, you&#8217;re well aware of Facebook&#8217;s efforts to add more of the right kind of users. And they&#8217;re not adding the types of users they would like or are best for growth. Teens aren&#8217;t as in love with the site as they once were. And they&#8217;re adding older folks and might <a href="http://www.dailymail.co.uk/news/article-2154431/Facebook-developing-technology-target-children-age-13.html" target="_blank">even allow users who are under thirteen</a>. </p>
<p>These are all bad omens for Facebook. It seems a bit desperate. Who wants to be where their Mom and Dad hang out. Plus, Facebook is becoming a place for brands and business to promote themselves &#8211; a place where they can get LIKED.</p>
<p>So this is why <strong>Eric Jackson</strong>, founder of Ironfire Capital, saying that Facebook will go the way of the Dodo bird in five years doesn&#8217;t seem all that crazy.</p>
<blockquote><p>
&#8220;In five to eight years <strong>they are going to disappear</strong> in the way that Yahoo has disappeared,&#8221; Jackson said. &#8220;Yahoo is still making money, it&#8217;s still profitable, still has 13,000 employees working for it, but it&#8217;s 10 percent of the value that it was at the height of 2000. For all intents and purposes, it&#8217;s disappeared.&#8221; </p></blockquote>
<p>Here&#8217;s the full video of the segment on Facebook disappearing:</p>
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<p>And while Eric Jackson is looking to make a name for himself by coming on CNBC and making statements like these, there&#8217;s a ring of truth to some of what he says. The Internet can turn on a dime and what was once very fashionable can become hated. Also, he&#8217;s right about users flocking to mobile smart phones and away from the desk top computer. It&#8217;s of course hard to sell ads on phones.</p>
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