They are joined by more than 100,000 new users a day – the company is set to triple in size this year. In America, more people visit the site than go to eBay and, to applause, Zuckerberg said they were working on overtaking Google.
Facebook has emerged as the star of the latest wave of “Web 2.0” internet companies. Now, Zuckerberg told Fortune magazine, he was about to unveil “the most powerful distribution mechanism that’s been created in a generation”.
It’s the sort of statement guaranteed to stop executives in the technology and media industry in their tracks.
In Seattle, Microsoft was clearly listening. The software giant has struggled in recent years as Google has stolen its thunder, and software services have moved increasingly online. Last week Zuckerberg was at Microsoft’s HQ, where he was reported to be negotiating the sale of a minority stake in the company for $500m (£244m). The price would value Facebook at $10 billion.
There have been rumours Zuckerberg may be holding out for $15 billion. Google, too, is said to be considering an offer.
About Me
- Marc A. Ross
- Washington, DC, United States
- Marc has an extensive background in business development for companies as well as directing the advocacy operations, communications efforts, fundraising programs and public affairs for nonprofits, corporations and political campaigns for the highest offices in the United States and the United Kingdom. Marc is available for consulting, workshops, panels, interviews, training sessions, advice, commentary and speaking on all things Advocacy 2.0. Marc can be reached via email by sending a note to marc (at) 2ndsix.com or by twitter at @microadvocacy.
