Half of Americans believe the social network giant Facebook is just a passing fad, and a similar number believe the expected asking price in its upcoming IPO is too high, according to a new poll. Since the dot-com boom of the 1990s ended with a dot-com bust, many once-dominant players have fallen by the wayside. Before there was Facebook — or even competitor MySpace — there were AOL, Compuserve and GeoCities. Today the latter two are just memories — Yahoo’s GeoCities live on only in Japan — while AOL’s presence is much diminished. Will Facebook share their fate?
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Facebook's Future May Still Be in Play
Posted by: Peter Suciu May 15, 2012 02:09 PMHalf of Americans believe the social network giant Facebook is just a passing fad, and a similar number believe the expected asking price in its upcoming IPO is too high, according to a new poll. Since the dot-com boom of the 1990s ended with a dot-com bust, many once-dominant players have fallen by the wayside. Before there was Facebook — or even competitor MySpace — there were AOL, Compuserve and GeoCities. Today the latter two are just memories — Yahoo’s GeoCities live on only in Japan — while AOL’s presence is much diminished. Will Facebook share their fate?