Last updated: May 15, 2012 - 8:17am
Almost half of Americans believe Facebook’s success will fade as the social networking site is forced to make way for newcomers, according to a new poll.
Forty-six percent of those surveyed in the Associated Press-CNBC poll said they believe Facebook will “fade away,” while 43 percent said they think the company will continue to thrive for a long time. Expectations for the social networking site’s long-term success were even lower among younger adults, 51 percent of whom said they think the company will fizzle. Exactly half of Americans indicated in the poll that they believe Facebook is “overvalued,” while just a third of those surveyed, 32 percent, said the $100 billion valuation is a fair reflection of the company’s worth. Still, 51 percent say buying Facebook strikes them as being a good investment.
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