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Comment by nivertech | Hacker News Reader

Everybody and their grandma are already on Facebook. Recently I noticed, that all the (non-tech) people with netbooks on train - mostly use Facebook.

You can hear word "facebook" every hour on mass media and even in TV advertisement. Hell some TV ads even talk about FarmVille. I doubt Facebook has a lot more growth ahead of it.

For me twitter has much more value, than Facebook. My only use for Facebook is to check for various events in my area, for which I even don't need to login into the fb website, since they spamming me with email so frequently.

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"I doubt Facebook has a lot more growth ahead of it"

Don't confusing lack of user growth with lack of company & profit growth. But I don't think even user growth is anywhere near static.

Facebook is an entertainment company. They compete with TV networks for eyeballs. If somebody spend more hours per day on facebook - they spend less hours per day watching TV. Or do you know of any plans of Facebook to diversify into non-entertainment business?

I for one don't understand, why they don't have fmail (Facebook Mail)? Providing free email was the first thing that any successful Internet company before them did (i.e. Yahoo, MSN, Google).

New mediums can be used to break FB proprietary APIs, same way as Apple used mobile to promote HTML5 over Flash. Android and TV can be used to create and promote Open standards.

They're an entertainment company, yes, but they are hugely more available than TV. It's not generally true that hours spent on Facebook replace TV-watching, because TV isn't generally watchable in all the situations Facebook is. That spare 5 minutes to half-hour in the office can be filled by Facebook, for instance, where TV simply isn't practical.

Also so far Facebook has become profitable from gaining a very small amount of revenue from each user. They have a total user attention for much longer over the user base now than Google do, the trick is just monetising this attention.

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