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Posted on May 7, 2008 - by Steven Finch | Visited 255 times, 1 so far today

Execs Move To Facebook, But I Predict Facebook Not To Be The Next Google!

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There have been a lot of reports today about Google losing another top executive to Facebook. The person in question is Elliot Schrage, who is the VP of global communications and public affairs for Google, or was up until a few days ago. Elliot will now be taking up a new job in the same position at Facebook.

I remember back when Google was just launching into the marketplace, and all the stories were around top executives moving from Microsoft to Google. Now they all seem to be slowly moving from Google to Facebook. Are these movements to make more money or equity or are they moving to the next Google? At this stage im thinking they are moving to Facebook because they see Facebook as the next Google, but im not so sure. Facebook has never been profitable, they are only back up crazy valuations and they dont have a complete business model in place to obtain revenues. Thus, leads me to think, who will be the next Google? Who will own the internet, because this isnt done upon valuations, this is done upon generating high revenues!

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This entry was posted on Wednesday, May 7th, 2008 at 4:19 pm and is filed under Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Comments

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  1. Visit My Website

    May 8, 2008

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    Sam said:

    Google is the next Google, there is no question on why people move to Facebook at this stage. Its only for more money especially that Facebook is cooking its IPO for the near future. Facebook will never be an innovative place as Google, in fact, Facebook culture doesn’t need to encourage innovation, their business is evolved and done, why would a company like Facebook encourage innovation and hire scientists to do the job?



  2. Visit My Website

    May 8, 2008

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    Steven Finch said:
    @Sam Yeh i totally agree that there are a lot of people heading over to Facebook for the money, especially considering they will most probably IPO at the end of this year. However, that being said im sure if you are a Google exec there shouldnt really be a need to follow the money!! Google in a place for innovation and I dont think Facebook will ever evolve away from where it is at present. Social networks arent going to take over the world, I think it is just a fad at present.


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    May 9, 2008

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    kangaroobin said:

    google is taking over the world!



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