Falling Social Networks - What Went Wrong?
This article provides an analysis of various social media platforms that have failed over the years, attempting to understand why some have turned out to be unsuccessful. The author points out key factors contributing to the failure of these networks, such as a lack of users, monetization issues, and poor community management. Platforms like MySpace, Bebo, and Friendster are mentioned as examples where user engagement could not be maintained. The impact of technological changes and fierce competition from more innovative platforms, such as Facebook and Instagram, also played a significant role in these failures. The article concludes with reflections on what current social media platforms can do to avoid a similar fate in the future.