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[–] whynotanon1 0 points 12 points (+12|-0) ago  (edited ago)

They had 10 years to build the site into something more and they failed. They moved so slow, the site is hardly better at all since it's inception. Look at facebook, it sucks, and fewer and fewer people are active on the site, and they are failing to reach international markets (both China and Korea have much more successful alternatives), but you can use your facebook account to log into almost any site on the web. This gives facebook a giant data mine to excavate, and data is money, and it enables them to be the login keys for online accounts (in the US). A very powerful position.

edited for clarity

[–] [deleted] 0 points 0 points (+0|-0) ago 

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[–] whynotanon1 0 points 0 points (+0|-0) ago  (edited ago)

That's my point. People still keep their accounts because they make using other sites much easier because facebook evolved their model, and bought up a lot of competition. Something reddit couldn't do. They add users still, but the users aren't "active" on Facebook. Facebook grew away from being just a website, reddit didn't.

http://venturebeat.com/2015/02/27/facebooks-active-users-arent-so-active-anymore-says-survey-data/

"So, what’s going on here? First, Facebook’s definition of an active user is now so broad that you can do very little on the site and still be counted within its figures. Secondly, and just as importantly, GlobalWebIndex’s data shows that, while Facebook’s active user numbers are undergoing consistent declines, its member and visitor numbers are either holding steady or increasing. Clearly, we have a large group of Facebookers who are checking the site but not actually contributing to it – to such an extent that they don’t even consider themselves to be “active users.” It’s not that the site is losing active users per se, then, it’s that users are evolving into passive users – individuals who still visit Facebook but who use alternative networks or apps for activities such as photo-sharing and direct messaging."

http://www.forbes.com/sites/parmyolson/2015/01/27/facebook-active-users-decline/

"A new comprehensive survey shows that out of the eight biggest social networks, Facebook was the only one to see a decline in the rate of people actively using the site per month over 2014 — a pattern that was consistent in regions across the world — while others like Pinterest and Tumblr saw large jumps in activity. "