Facebook, one of the most popular social networking sites, has recently caught the attention of prospective buyers. Facebook has been free of charge since it started; however, there is now a chance that it will be a pay site. This recent buzz has caused a frenzy among its current and future users. The big question is: Will people keep using Facebook if it becomes a pay site?
Among these users are high school students, college students, business owners, corporations, etc., and as many of you know with our current economic situation, many do not have the funds to pay for a monthly website. Many students said they would stop using Facebook if it turned into a pay site; this would have a big detriment on the website since the majority of its users are students. However, on the other spectrum, Mark Zuckerberg would be losing profit due to capital expenditures. In 2008 Mark Zuckerberg spent over $200million on maintaining the website with servers, employees, etc.
Facebook is not only a social networking site; but is also an outlet for technological advancement. Zuckerberg’s primary goal is to enhance the technology of today’s society while maintaining a free website for all. The focus is on integrating new ideas into the users’ internet experience, so Facebook will continue to develop as a site for everyone – as long as Zuckerberg has a say in it.Sources:
Eldon, Eric (2008, Feb, 1 ). Zuckerberg talks Facebook financials: Making money, but paying for
growth. Venture Beat, Retrieved March 24, 2009, from http://venturebeat.com/2008/02
/01/zuckerberg-talks-facebook-financials-making-money-but-paying-for-growth/
McGirl, Ellen (2007, Dec, 19 ). Facebook by the numbers. Fast Company, Retrieved March 24,
2009, from http://www.fastcompany.com/magazine/115/open_features-hacker-dropout-
ceo-facebook-numbers.html
Zuckerberg, Mark. (2009, Feb, 26). Governing the Facebook Service in an Open and
Transparent Way. Retrieved March, 24, 2009, from http://blog.facebook.com
/blog.php?post=56566967130
If I have to pay to use Facebook, I would stop using it and go back to using MySpace as my primary networking site.
ReplyDeletenever.
ReplyDeleteThis is retarded... If Facebook sold, they woudld NEVER charge for use!!! They would make their profits from advertising.
ReplyDeleteThis is especially true given the announcement of Google's Wave which is coming out.... it, in itself may be a Facebook Killer....