20400512 Entry 10

Finding Cracks in Facebook

A lot of people know Facebook and are frequent users of Facebook. Facebook has enabled friends to get connected just like other programs such as MySpace and as in Korea Cyworld. But now as the headline states, Facebook is facing a few problems.

Developing new systems has been a downfall to the company and now they are trying new methods to swim out of their troubles. As the article stated, the company is run by Mark Zuckerberg, who owns a big percentage of the company. The board has to side with him because they really don't have much choice.

It's amazing how people run Internet businesses. It's the thought of them being an "online industry" in one sense. How long does it take to "climb" up this far? I would think that the Internet business would need a lot more R & D than the real world market. As netizens increase everyday, the companies have to decide and select which would be more appealing. So how much effort is Facebook putting in to all of this?

The article stated that there were only three board members including Mark Zuckerberg. Is that enough to run a business? I would say they need to have more people considering there are so many different types of people that use the Web so they need more diversity in brainstorming. Although Facebook is slowly going up, I would say in the future they will face more "walls" than they are facing right now.