27th
Despite Facebook’s size, it’s not “too big to fail.” Its platform is atrocious, and many who understand such things are baffled as to how the site hasn’t had a catastrophic crash already.
Google+ got going too late. Despite the company putting all of its efforts (and employee bonuses) toward success in social media, the mountain they chose to climb is too big. They didn’t want to build a niche. They wanted a Facebook killer. Had they started a year earlier, they would have had a chance. Now, they’re just going to have to settle for second best.
Tumblr, for all its shortcomings, remains the fastest-growing microblogging/blogging/photosharing hybrid out there. Everyone in its way, including Posterous, has pivoted out of the way. If they can put together a revenue model better than Twitter, they would have a chance to emerge more into the mainstream. Right now, despite tremendous traffic, they are but a hipster’s dream.
Love virtually everything in this piece specially what’s in the quotes
http://www.fastcompany.com/1794851/the-social-media-land-grab-is-over-facebook-reddit-and-twitter-won