FB at 10

I remember exactly where I was and what I was doing in April 2007. I had my first job out of law school in lower Manhattan and this blog was going strong. Social media was not a term I recall knowing a decade ago and I received an invitation to join a relatively new social network called Facebook. I had recently joined Bebo, a now irrelevant social media site, and had connected with some friends from college and perhaps even shared some photos on Bebo. But Facebook was up and coming in 2007 and I created an account.

Had you told me a decade ago that Facebook would be alive and well in 2017, it would have been hard to believe. If you told me that Facebook would have two billion members, would possibly have influenced the 2016 U.S. presidential election, and would be one of the largest companies in the world by market capitalization, I would have thought you crazy. But here we are, ten years later, and crazy is now our reality. I don’t check the site and my newsfeed every day, and often don’t check it for several days in a row, but I still [*hiding eyes ashamed*] still check it often enough. And guess what: like most people, I scroll through a news feed posted on by the same revolving group of “friends” despite the many other silent “friends” I have on the site.

The question is whether Facebook will be a force to reckon with in 2027. It’s hard to see it going away anytime soon and will have probably reinvented itself at least once, if not twice, in the next decade. As a shareholder of FB stock, I now hope its trajectory continues up and to the right.