This is an obvious question which comes to the mind that whether Facebook & Twitter can survive internet bubble as these companies are only connecting with people’s emotion. We have seen Orkut dying a slow and steady death worldwide and it was from none other than Google.
However all those who are apprehensive of the growth and safety of Facebook need to listen to the advice of Hoot Suite CEO Ryan Holmes–
So we can be sure that Facebook and Twiitter will remain ina ction for some years to come as Facebook IPO has been launched successfully and now it needs to be seen if Twitter also follows suit.
“I think [the IPO is] a huge stamp of approval. It validates the space in a big way. I think social business is going to be really heavily embraced now. The conversation around, ‘Is Twitter, is Facebook here to stay?’ is now over. We now know this is an amazing business model and not just a fad.”