Forbes: Facebook has 900 million users authenticity has been questioned
Forbes magazine online edition published today online financial news provider TheStreet.com analyst Richard Saintvilus article says, Facebook claimed that its user numbers reach 900 million claims have been questioned, in fact the number social networking users may be among the more than 700 million to more than 800 million people. But the article also pointed out that Facebook can’t get through “exaggerated” their user base to receive any interest, any greater than facts will only increase the pressure faced by the company.
The following is the full text of this article:
I have been surprised by the extent to which some investors are desperate, they will want to see anything at a specific moment, except only the right things–whether something was claimed exactly how absurd. For the purposes of a specific company, I recognize these days investors almost without care if their rise in the level of emotional attachment. To some extent, this is Wall Street’s most basic “original sin”.
But today, there is a new group of investors is wearing timed incendiary devices, but as it is a medal of honor. In the process, these investors allowing feelings cloud their judgment, their argument has shown itself to be not only wrong, but also their determination to logically excluded from the discussions. I published an article on Monday about the social media giant Facebook article, mentioned in the text investors desire of revenge has sparked debate about the trustworthiness of the company–in particular its number of users has reached 900 million people that questioned the authenticity of a number.
However, look on this figure is questioned is in Facebook IPO (initial public offering) listing those who previously did not raise this issue. In Facebook after failed IPO transactions were becoming bogged down by investors, to some extent, it is now time for due diligence. Name is “Walrus007″ (Walrus 007) reader wrote:
“I have serious doubts about 900 million ‘ people ‘ are using the Facebook service, this is even not available through the common sense test. I wish the media would stop trying to promote and ignore such deception. I have seen many times someone wrote on his blog, they have multiple Facebook accounts when a person can have up to 50 accounts. Population a total of 7 billion people in the world now, but, above all, we need to recognize is that in many countries is disabled by Facebook, which includes giant, China. I have been to 21 countries, and I can tell you is that, in many countries, a very high proportion of people even without Internet access. All in all, a very high proportion of people worldwide have no money or little money go into Facebook’s pockets. I do not believe that 900 million Facebook users, I also believe that the market is close to saturation, there are a variety of competitors are dragging Facebook back. Facebook will become another tool for large enterprises use to sell things to you–if it has not yet occurred. ”
It seems to me, first of all, it’s hard not to some extent agree with Walrus007 ‘s argument, because Facebook has recently been listed on the IPO to the United States Securities and Exchange Commission (SEC) in the file submitted by recognized, its user base, there are an estimated 5% per cent of false or duplicate accounts. Now, how this figure is accurate remains to be seen. However, this means that the number of active users of Facebook in fact and not as much as 900 million people, it will only be 845 million up to 855 million people.
Then let us assume a more bearish figures that actually have 15% Facebook account is not eligible, that means only 765 million active Facebook users. This is really a great difference?
We can ask a reasonable question, namely whether Facebook is doing enough to report according to their place of rational numbers (for example is 845 million instead of the 900 million people), and that the company has sufficient information to do so?
If you want a thorough understanding of Facebook how to resolve these issues, you only need to create his own Facebook account – I have also just recently Facebook account was registered for the first time. What I noted was that during the registration process, the company will let you view its called “statement of rights and responsibilities” of the file, and in which it pointed out that: “Facebook users provide the real names and information, we need your help to maintain the order. “Registrant needs to provide information including their age (over 13 years old), agreed not to create duplicate accounts, but also committed itself not sex offenders.
In my opinion, this means that the company understands the sensitive nature of the services it provides, for its coverage of a treat is not overlooked. However, this often cannot prevent dishonest people doing something dishonest.
In addition, even on Facebook, consisting of 900 million users of scale also can be said to have overriding power of the network, which makes Facebook unable to carry out effective monitoring and control–this is a reality that Facebook has been recognized. For this reason, Facebook continues to rely on a policy, encourages users to “self control”, is so specific to report those suspected of false or pretending to someone else’s account. However, I do not think this user self-control policy of the originally should have received effect.
This poses a problem, that is, who should be to identify the number of Facebook users precisely it is responsible for, as well as Facebook may knowing that there are more than 100 million account were forged, but still has 900 million users external to promote it? This is a most compelling problems, reason is Facebook rather than in any quarter in any year and reported number of accounts have been cancelled by the company, but the company know exactly that number is how many, should be able to clearly explain its policies are valid.
My conclusion is, strictly from a total of 900 million the company of its user who’s statement is false suspect standpoint, I think the user’s judgment like Walrus007 is not reasonable. On Wall Street, Facebook’s biggest criticism is its lack of ability to commercialize its user base. Therefore, in my view, if Facebook allows unqualified users by mistake, or could not be truly representative of where the significance of the figure of 900 million users, Facebook will only damage yourself.
The fact is that Facebook can’t get through “exaggerated” their user base to receive any benefits. Any higher than the figures of the facts will only increase the pressure faced by the company – the company has been around their business model in dealing with reliability issues, as well as the problems of the unable to commercialization of their user base.
Therefore, complained about the total number of Facebook users has reached 900 million people lying about, the assertion that, what I will say is, rather than think of the fact, that you have too much time.