The Facebook Fallacy
For all its valuation, the social network is just another ad-supported site. Without an earth-changing idea, it will collapse and take down the Web.
By Michael Wolff
Why: The social network has become the means by which many online users communicate, get news, and find entertainment.
Key innovation: New features automatically integrate casual online activity, such as listening to music or reading newspaper articles, into the social sphere.
www.facebook.com
Headquarters: HQ Palo Alto, California
Founders: Mark Zuckerberg, Chris Hughes, Dustin Moskovitz, Eduardo Saverin
Management:
Mark Zuckerberg (CEO)
Sheryl Sandberg (COO)
Last updated: 03/01/2012
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