"Apple is 'Evil' and Facebook is 'a Photo-sharing Site'" -- Fred Wilson, VC (investor in Twitter, Foursquare, Zynga).
It's the ultimate form of respect when the competition vilifies and diminishes your accomplishments, so take respected VC and blogger Fred Wilson's comments in that light. After all, he's got investments in a number of companies that Facebook is a potential threat to.
But let's face some facts. Love or hate Facebook, you don't grow to 500 million users if you are not doing something incredibly right.
Moreover, you don't engage those same users to the point that 50 percent of the active user base logs in daily unless you have found a way to turn the social equivalent of lead into gold.
Mind you, this is a service legions diss, dismiss and outright distrust. A service with customer satisfaction levels that rank below the airline industry.
It begs the question: Why isn't this ship sinking, as opposed to being an unstoppable force that's swallowing up the web one 'Like' and Facebook Connect sign-on at a time?
Read the full piece HERE: radar.oreilly.com
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