Open Source! A Look at Facebook's timeline/popularity after open source

in #steemit8 years ago (edited)

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I am looking at what happened to Facebook when it released developer code versus popularity in the coming months and it is inspiring.

Facebook Roadmap and Popularity

Developer API Released - 10/2006

If you look at the growth chart at 12/2006 on it is crazy.  I think with the source code being released, the sky is the limit.  It took Facebook over 2 years to release something to developers.  SteemIt did it in a few months!


Now look at 8/2008 and you will see another upward trend.   

Switch To Profitability

In August 2008, BusinessWeek reported that private sales by employees, as well as purchases by venture capital firms, were being done at share prices that put the company's total valuation at between $3.75 billion and $5 billion. SteemIt did this within the first couple months and it took Facebook 5 years!



The Future
This is really exciting times.  I am expecting as soon as some of the "modules" or innovations roll out in the next month or two the price will skyrocket!  More capability will equal more users.