How did Facebook become a $850 billion company?

When the news came out that Facebook had for the first time overtaken MySpace in users and that MySpace has responded by sacking nearly a third of its workforce, people asked the obvious question: Since these sites serve approximately the same purpose – facilitating social networking among online-friend networks – what is MySpace doing wrong? Or, more accurately, what is Facebook doing right?

Here is today’s video, we will answer the following question in the usual insightful way, please watch it till the end to understand the full context and learn how you can do the same for your own business.

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#facebook #markzuckerberg #failureofmyspace Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.