It is interesting to see the network effect in its user graph:
The site itself get more popular as more people use it. As more people use it the more useful the site becomes. This looks like Reed's Law in action.
Facebook still intrigues me with its set of features and robust ability to see what is happening in your network of "friends." Ii Just found out my brother is a Romney supporter). I am still looking for needs it can address in the enterprise.
It is one of the most visited sites on the internet, so it is doing something right. Its initial user base was college students and they are now moving into the workplace and presumably carrying their use of Facebook with them. I posted previously how Allen & Overy tried banning the use of Facebook, but had to retreat from that position.
As its users mature, Facebook will mature. The opening of its platform could allow for some powerful interaction. Add me as a friend and explore.
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