Facebook turns 10 plant converted into money - LaCapital.com.ar

social network surpassed the traumatic entry into the bag and is used by 1,110 million people. But for analysts, is aging.

Facebook celebrates

morning ten years and reach adulthood as a machine income, after having survived a catastrophic entry into bag. The dark side of the phenomenon is that the audience sees aging.

“It’s been an incredible journey,” said its president and founder Mark Zuckerberg, who gave the network a fortune of 19 billion dollars. The social network that began in January 2004 in a room of Harvard became a global company connecting to 1.110 million people, and it became one of the youngest millionaires.

“Facebook made the world smaller, more interactive. unites families, friends, neighbors across the world. It’s a real social phenomenon,” he told AFP Trip Chowdhry, an analyst at Global Equity Research.

But all was not rosy for the king of social networks. In 2012, the notorious Facebook entry on New York Stock Exchange was full of technical problems and a breakdown of the action lost half its value in three months disaster.

The group reunited

the way, and his papers are at record levels. Is “the best growth story U.S. Internet sector,” he Citi bank analysts estimate.

So, in a few quarters found a way to publish advertising, where he gets most of its profits, like any free service on the internet, on the small screens of smartphones.

But the site must also face some difficulties. “Facebook started the revolution of the social, but could not find control,” said Trip Chowdhry, referring to the controversy over the protection of personal data of users or the intrusive nature of their latest ads, as well as concerns by heading users, many of them teenagers, to competition.

The network is no longer the novelty and is now seen as an oversized and outdated product. Between January 2011 and January 2014, Facebook lost more than 3 million users ages 13 to 17. The same happened in the strip 18 to 24, according to a study by consultancy iStrategyLabs. Young people seem to favor coolest social networks like Snapchat.

Snapchat tried to buy Facebook in 2013 for 3,000 million and its creator, Evan Spiegel, 23, scoffed at the operation and published his conversations with Zuckerberg on Twitter.

Zuckerberg admits he is willing to make changes that happen to delve into the business migration Facebook screen computer to mobile phone, a transition expected to ensure that your company can continue celebrating birthday with his millions of friends.