Nothing is forever and the rise of Google plus begs the question “When will Facebook be dethroned? “

Nothing is forever and the rise of Google plus begs the question “When will Facebook be dethroned? ”

MySpace lasted 5 years as the king of social networks until 2007 after launching in 2002. Smart business heads such as Rupert Murdoch paid over a half a billion dollars for direct ownership, betting on the the future continuing success of MySpace and its longevity.

We now know that the business decision ended in tears, with MySpace being sold in 2011 for less than $40 million, as its user base continued to decline.

Facebook is not taking the private sale route but is going public this year with a market valuation estimated at $100 billion.

Google had attempted in the past to create a social media network as it knew that social networks were the future…Read more of this article

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