One of the most popular social networking websites in the world today is www facebook com. Boasting over 36 million members, it is a force to be reckoned with, yet it comes in second against MySpace, which is the heavy weight giant of social networking websites. But for all their combined members, there are still some people who are unfamiliar with how either site works. Facebook has a great history about why and where it was formed. To some generations, networking news is only about networking in the office; oh how the times have changed.

In February of 2004 www facebook com made its way onto a single college campus. It immediately made networking news for its ability to connect students together in one environment that was simple to use. But many business experts began to wonder if there was real money to be made from this new venture. Would it succeed and actually make money or would it bomb the first year, taking down all potential investors?

The Facebook website was created by Mark Zuckerberg as a way to provide Harvard students the ability to network with each other. It soon spread from Harvard to other Ivy League schools as it gained in popularity. On September 26, 2006 it became available to the world. With a Facebook login, which is only attainable if you are over thirteen and have an email address, you can create your own personal profile and connect with others. It was an instant success with younger generations.

The Facebook website allows people to find friends, upload photos and post comments for other friends. The website is free for use but it does gather money through its advertising services through the use of banner ads. Here is where the problem is arising. Many business experts are forecasting that not enough revenue will be generated through services purchased, via the banner ads, to keep supporting the growing network.

The biggest threat that Facebook faces is from their rival competitor MySpace. There are only 36 million people using Facebook compared to the 73 million that use MySpace. This may lead many potential business investors to veer away from this social networking site. It is a growing concern among investors that eventually the cost of running Facebook will eclipse the revenue it is generating. There are talks of merger news every few months but founder Mark Zuckerberg maintains that he has no interest in allowing an acquisition or merger. This may prove to be the downfall of Facebook.

Unless Facebook falls due to monetary issues it will still be standing strong against competitor MySpace. Sure, it may not have as many members or revenue coming in but new people are joining daily. Other networking sites want what Facebook and MySpace have, yet have been unable to reach the volume of members that both readily enjoy. Check out www facebook com and browse around the website. It may be the social network that you have been looking for.

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