Facebook and OpenSocial is doing what MySpace have failed to do. As it goes, innovation goes before legacy. Shumpeter spoke about creative destruction, and OpenSocial is just that. It will eat a cake from existing base and move the industy forward. Check this out.
A question that I wonder about is what News Corp. will think about this and more importantly, whats the response.
Facebook Stats
- More than 50+ million active users
- More than 200,000+ new registrations/day since January 2007
- Users spend on average 20 minutes/day on Facebook(Source: comScore)
- #1 photo sharing site on the Web (Source: comScore)
- More than 14 million photos uploaded/day
- More than 6 million active user groups
Source: Facebook Statistics
Facebook vs. MySpace
Facebook:
- One Person – One Profile (No Multiple Personas Allowed)
- No Fake or Anonymous Profiles Allowed
MySpace (100+ million profiles):
- One Spam King – 500,000 MySpace Profiles
- Fake and Anonymous Profiles Allowed – William Shakespeare, Hamlet, Chair, Butter, etcetera
Facebook Apps
- 7000+ apps
- 100+ new apps/day added
- More than 80% of Facebookers installed at least one Facebook app
Facebook Developers
More than 200,000+(*) Facebook Developers World-Wide; With Myspace not allowing the same self organization, News Corp will have a hard time keeping it up.
Blog of Intellectual Capital 
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