Facebook Basking in Glory

It seems Facebook is all the rage, and MySpace is so over.

At least that’s the impression you’d get perusing news articles about them.

For example, you might read that News Corp-owned Fox News prefers Facebook over News Corp.-owned MySpace, because Facebook allegedly has a "more sophisticated" crowd.

Facebook has recently gained the larger worldwide market share and is gaining on MySpace in the United States, reports Mashable.

MySpace on the other hand has pretty much stopped growing.

At this rate, it’s a good thing that MySpace partner Google has being Google to fall back on.

With Facebook so clearly the hot ticket right now, experts are still having a hard time putting a value on it.

"The popular site — the fourth most trafficked Web site in the world, according to comScore — is a private company whose valuation has been estimated to be anywhere between $2 billion and $15 billion," writes Debra Borchardt at The Street.

Perhaps they’ll go public and astonish us all with their true value.

In the meantime, I don’t think MySpace enthusiasts should be too down in the dumps because of Facebook’s attention. All it takes is one hot idea and the bandwagon may shift again; after all, MySpace is still on top in the U.S.

There are 9 Comments. Add Yours.

Gareth - Design
August 19, 2008 at 3:56 am

I’m not sure myspace will be at the top in the US for much longer. Facebook has overtaken it in many other parts of the world. It’s taking the US a little longer because of the vast population!
- Chris Crum
  August 19, 2008 at 4:10 pm
  
  It does appear that MySpace needs some new weapons if it wants to stay ahead.
seo
August 19, 2008 at 11:13 am

I think myspace has been riddled with spam and junk much more than facebook.
Craig
August 19, 2008 at 2:44 pm

Facebook is not as exciting to use as Mysapce… really, facebook is pretty boring cause I don’t want to "Send a drink" or "send a bumper sticker" to a friend. But on the other hand, with all the unique pics and videos and themes (and of course ads!) loading on myspace, it’s just too damn slow!
- Chris Crum
  August 19, 2008 at 4:12 pm
  
  I have noticed a bit of dragging on MySpace myself.
Chad
August 19, 2008 at 4:58 pm

I was only into myspace when I was in college, I guess because of the fact I knew people who were into it, too.

I will always remain true to facebook, though. I very seldom visit myspace–it just doesn’t do anything for me.

I guess it’s more of a social networking place for high schoolers and college kids.
Dean Markham
October 26, 2008 at 1:08 pm

Interesting take…but with 50 million+ users, even if myspace isn’t growing, that’s not bad place to plateau.
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January 18, 2009 at 2:39 am

I don’t think MySpace enthusiasts should be too down in the dumps because of Facebook’s attention. All it takes is one hot idea and the bandwagon may shift again

Well, we will see here in the new year what happens between the two. So far facebook is looking like it will emerge as the winner – at least by a small margin.
Buy Acura
March 31, 2009 at 4:06 pm

In the meantime, I don’t think MySpace enthusiasts should be too down in the dumps because of Facebook’s attention. All it takes is one hot idea and the bandwagon may shift again; after all, MySpace is still on top in the U.S.