Facebook CEO Mark Zuckerberg Admits Facebook's Growth is Slowing

According to ValleyWag, Facebook CEO Mark Zuckerberg has acknowledged that Facebook's growth has slowed.

ValleyWag cited an interview with Inside Facebook, when Zuckerberg claimed to be "too obsessed" with Twitter until he noticed that its growth rate had slowed. He then said the same thing happened to Facebook:

We saw our exponential growth rate continue for a very long period of time, and it still does at a super-linear rate, though not quite 3% a week any more.
His admission follows years of controversy over Facebook's serious privacy issues, its negligence with regard to hateful and jihadist content, as well as content which incites the murder of Jews.

ValleyWag continued: 
In May, after a rash of bad publicity for Facebook, Danny Sullivan of Search Engine Land dug through Facebook's old user-count announcements to make an intriguing case that growth had dropped off sharply. The social network bragged in April about adding 10 million+ users in three weeks. Generously extrapolate this into monthly growth of 15 million users, Sullivan pointed out, and it's still weak:
  • August 26, 2008: 100 million
  • January 7, 2009: 150 million
    (50 million gain over about 4 months = 12.5 million per month)
  • April 8, 2009: 200 million
    (50 million gain over about 3 months = 16.7 million per month)
  • July 15, 2009: 250 million
    (50 million gain over about 3 months = 16.7 million per month)
  • September 15, 2009: 300 million
    (50 million gain over about 2 months = 25 million per month)
  • December 1, 2009: 350 million
    (50 million gain over about 2.5 months = 20 million per month)
  • February 4, 2009: 400 million
    (50 million gain over about 2 months = 25 million per month)
  • [April 2010: 10 million gain over 3 weeks = 13-15 million per month]
....Facebook is leveraged using venture capital, and its backers, some less friendly than others, will surely be concerned about any significant deceleration. The only question is whether the company has alienated a "significant" chunk of potential users yet, or whether that's still a few more messy privacy controversies away.
One astute commenter noted:
This is what happens when you take your consumers for granted. When you try to slip privacy abuses by, make the interface needlessly complex and constantly changing, you are going to have a downturn. Twitter is lurking behind Facebook like Facebook lurked up behind Myspace, waiting to take its place.

Copyright © Jewish Internet Defense Force
All Rights Reserved

The views expressed on this website do not necessarily reflect the views of the JIDF. The content is not intended to malign any religion, ethnic group, club, organization, company or individual. This site's intention is to do no harm, to not injure others, defame, or libel. All data and information provided on this site is for informational, educational, and/or entertainment purposes only. The Jewish Internet Defense Force (JIDF) makes no representations as to accuracy, currentness, correctness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use, or access to this site. We are not responsible for translation or interpretation of content. We are not responsible for defamatory statements bound to government, religious or other laws from the reader’s country of origin. All information is provided on an as-is basis with no warranties, and confers no rights. We are not responsible for the actions, content, accuracy, opinions expressed, privacy policies, products or services or for any damages or losses, directly or indirectly, caused or alleged to have been caused as a result of your use or reliance on such information on the Jewish Internet Defense Force site. This site includes links to other sites and blogs operated by third parties. These links are provided as a convenience to you and as an additional avenue of access to the information contained therein. We have not reviewed all of the information on other sites and are not responsible for the content of any other sites or any products or services that may be offered through other sites. The inclusion of these links in no way indicates their endorsement, support or approval of the contents of this site or the policies or positions of the JIDF. We have the right to edit, remove or deny access to content that is determined to be, in our sole discretion, unacceptable. These Terms and Conditions of Use apply to you when you view, access or otherwise use this blog and the Website. The JIDF is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
Related Posts with Thumbnails