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If Facebook was a country it would be world’s fourth largestThere is an article in the FT today that asks whether Facebook is a “web phenomenon on the cusp of greatness or just a social craze?”, and as we’ve discussed here before the last thing any of us needs is for it to turn out to be a fad. I think it is just about fair to say that the debate is still open, but what is definitively the case is that Facebook’s momentum is on the increase. First take a look at these charts (courtesy of the FT) The graph on the left shows the traffic momentum is strong, and the pie chart on the right shows that Facebook is pretty much an all age site now (or at least all age up to retirment). Secondly, these highlights from recently released engagement stats on FB (courtesy of Inside Facebook) tell a story of a community that is on the rise in terms of depth and richness as well as size:
Given all this, and that with a population of 240 million Facebook would be the fourth largest country in the world I’d say that Facebook should be able to lay the ‘social fad’ accusations to rest pretty soon. Then if they could just start making money they could answer the business sustainability question….
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