Ozymandias - 11:29 pm on Jun 23, 2009 (gmt 0)

"Google makes billions of dollars a year in profits. Facebook loses tens of millions of dollars a year. That pretty much sums it up. "

That comment from DDog exactly sums up my point of view.

I also think if Google wanted to compete head-on with Facebook as a social network site, Facebook has no damned chance. Google's user feedback and optimization process and performance far exceeds Facebook's.

I expect Facebook to eventually be bought out in several years time when it is just a thread within the social web, who knows, maybe by Google?

Let's face it, most social networking sites aren't profitable for large organizations yet. When it is, which I suspect in the next few years, prepare for some big time acquisitions.

Google saw YouTube's value and took it, I think they may be waiting for social networking to have more measurable results before acquiring.

[edited by: Ozymandias at 11:33 pm (utc) on June 23, 2009]