Tag Archives: FACEBOOK

What you may not have thought while watching “The Social Network”

16 Nov

I saw “The Social Network” yesterday. Brings out quite fiercely that what we are is sometimes a result of some kind of occasional hate or apathy or revengeful nature we have due to some incident

Facebook was an instant success, because it gave me power to be boastful about myself without talking much by my mouth.
You could literally say what you wanted to say on it, keeping a lot of what you are intact.
You could show a thousand people what you are doing in a single click

Social network is the defining entity. FB success adheres to the fact that we are constantly in need of attention.

We are attention seekers by default.
We want recognition, acceptance and confirmation.
This applies not only to those who have internet access, but also to everybody else. Anyways, internet did not happen at first. We happened and our wants and needs happened

Being an entrepreneur takes guts and lot of stomach to digest the ill side effects of it. If Mark had to start his own, he would dot it anyways.

If the Winklewoss’s were waiting for 4 weeks (or whatever) for Mark to get back on something concrete, then they were either absolutely crazy or absolutely intelligent enough, to have guaged that Mark has already stolen the idea and working on something of his own
They could either confront Mark any how at earlier stages or could wait for the baby to get born and then ask for a partial claim on the grounds of IP theft

I personally felt that Mark was a victim of the 2nd situation explained above

Nevertheless, movie was very much focused on the lawsuit showing flashbacks of the journey of Mark while developing. But doesn’t leave a huge mark on your minds on the aspect of entrepreneurship

A better movie would be our own "Rocket Singh" that has all the elements of being a pro-entrepreneur movie.

TSN is still one of the best combination of out-of-the-court settlement drama and journey of a high-school grad who built something.

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FACEBOOK Status trends of 2009

2 Jan

Facebook has come up with top 15 status trends of 2009 based on what people update in their statuses. Facebook calls it the study of ‘memes’, ideas that are in minds of people which they want to share.

Facebook says

To generate the list, we started by looking at how many times each phrase with length from one-to-four words occurred in U.S. Facebook status updates, then we computed the rate at which each phrase occurred in 2009 compared to 2008. Using some data-mining methods detailed here, we analyzed important bursts in activity around words and series of words to find the key trends for the year. All personally identifiable information was removed from the status updates to conduct this analysis, and no one at Facebook read the individual status updates.

 

The top 15 memes were as follows

image

For detailed explanation of all the 15 memes, click here

 

Facebook has done a great job by posting this whole analysis. This kind of data will be much helpful to a lot of marketers. Looking at the trends, and getting more deeper into the data may help the marketer to know what kind of communication messages need to be created.

Specific area/country wise data and analysis can be sought from FB, to use it effectively to generate online strategy on FB.