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Five Years of Facebook: A Retrospective

Take a look back at how Facebook has evolved since its inception five years ago.

Opinions expressed by Entrepreneur contributors are their own.

It doesn't seem like five years since Facebook appeared on the scene. I was slow to join the throng--my friends list numbers only 242 of the 110 million people who have joined the site since its inception.

Facebook is less juvenile in look-and-feel than , which it has overtaken in popularity. It is also a lot cleaner, again in look-and-feel but also in content. It also lacks the sexual content that plagues MySpace.

Facebook is more generalist in approach than some other social networking sites, such as Linked-In, which seem aimed at people looking for jobs and customers instead of communicating with people they already know. If you want to exploit your friends, Linked-In seems an excellent place to do it. And they'll exploit you in return.

Practical Social Networking
While I am not wild about social networking sites generally, as they can easily become colossal sinkholes for time, I've come to like Facebook a great deal and even consider it an important business tool.
How so?

Whole books have been written about promoting your company and its products on social networking sites. I won't wade into that swamp, though I think you have to be very creative to succeed. I also wonder how possible it is to niche market on Facebook the way search-oriented advertising can target an audience on Google.

To me, Facebook is a less personal medium than instant messaging, but more personal than email. I keep two or three IM clients continually open on my desktop. They are how family, closest friends, and a few business contacts reach me. I use a limited amount of SMS for the same purpose.

I don't keep Facebook open all the time. I check-in maybe a few times a day, but have sometimes gone away for days. I receive occasional email alerts and have the Facebook client on my iPhone, just in case I need it while mobile.

My main purpose for Facebook is keeping up with what a more distant set of friends is doing. These are people with whom I share common interests and like to know what they are doing.

You don't get on someone's friend list without their permission, so people are willing to share information they wouldn't post in a truly public space. Posting on Facebook also means you don't have to say the same thing to a bunch of different people just to get the word around.

Hive Mind
I've found that posting on Facebook is a good way to ask a question of a diverse set of people. This includes everyone from my first "real" girlfriend (who recently added me) to people I have worked with over the past 25 years, a few family members, and quite a few business friends around the industry. All are people I actually like, but with whom I otherwise don't stay in direct contact.

Facebook allows users to post clippings, thoughts, business ideas, and other bits and pieces of our lives for all our friends to see. In a business context, Facebook often reminds me of people who can answer questions, point me to someone they know (but I don't), or whom I'd just like to stay in front of.

It's also a good place to gather opinions and even hold fairly spirited debates. My friend, Mark Kellner, who writes a technology column for the Washington Times, is a frequent, friendly adversary.

I find myself liking Facebook far more than I ever wanted to. It helps me stay in touch with interesting people and share information with them. The contact that started my participation in this blog took place on Facebook when my now-editor posted a note saying he was looking for bloggers.

It concerns me that Facebook has yet to find a revenue model that seems likely to secure its future. It's currently riding a wave of popularity--and usefulness--but that could change as peoples' interests move elsewhere.

But, for now, if you are not already using Facebook, I'd recommend it. Bring some friends and business contacts along with you and it's possible to greatly expand the circle of people with whom you can easily stay in touch. And, for many of us, "in-touch" is a key business attribute.

David Coursey has been writing about technology for much longer than he likes to admit. If you want to be his friend on Facebook, he'll probably add you if you mention this blog.

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