next steps
Posted by Ben Berkon on January 26, 2010 12:16 PM

Checking or posting on Twitter has become a habit for more than twenty million people every month.
While the social networking site has enjoyed a tremendous level of success, its number of visitors hasn’t changed much since the month of June -- and hasn’t quite reached the impressive heights it achieved in August. It would almost be taboo to use the words “Twitter” and “peaked” in the same sentence -- but could it actually be true, and is it much of a surprise?
Let’s take a look back at some old social networking sites. Take Friendster, for instance. It started back in 2002 -- just eight years ago -- and became the most popular social networking site on the Internet. Similar to Facebook, Friendster enabled users to “friend” other people, upload pictures, and join common interest groups.
But, how many of your friends and co-workers still use Friendster? Not many. Even the Onion made a parody news video about the once-popular site, claiming, “Internet Archaeologists Find Ruins of ‘Friendster’ Civilization.” Could there be a similar view of Twitter in five or so years?
Even Facebook, often seen as an unmovable force in the world of social networking, took a noticeable hit when Twitter became popular. Facebook’s rebuffed offer of $500 million to buyout Twitter was seen as a historic moment in social networking history.
There is no doubt that Twitter’s success has been remarkable and revolutionary, but its current stagnant period has everyone speculating -- what’s next?
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