Will Facebook be dead in 15 years? – Two factors affecting the growth of social networks

A network effect occurs when the value of a product or service is dependent on the number of others using it. Thus, digital social network effects occur on large poker sites, on Second Life, or on a server where people play online games together. ICQ was an early form of social network. You were connected […]

Read more "Will Facebook be dead in 15 years? – Two factors affecting the growth of social networks"