Today at the Techonomy conference in Lake Tahoe, CA host David Kirkpatrick sat down with Reid Hoffman and Sean Parker to talk about what follows social media. Specifically, Kirkpatrick asked the two what follows the social networks like Facebook?
Parker was quick to answer. “If I had an answer to that, I’d probably already be working on it,” he half-joked. But he elaborated to say that the idea there is one digital paradigm that exists at any moment is a fallacy. And the idea that something else is going to come along and kill it is largely created by the media.
He continued to say that obviously there will be different kinds of things in the digital world 10 years from now. But he said he doesn’t think the day-to-day engagement of Facebook will change significantly in that timeframe. He quickly caught himself to include the other social networks in that bucket too. He thinks there will be more things that augment these networks.
Hoffman also said that he doesn’t think social goes away 10 years from now. “We are social animals,” he said. He thinks that instead it will be about the evolution of social. Right now it’s largely about surfing, but soon it will be more purpose-driven, he believes.
“Social is the foundation on which things are built,” Hoffman said.
Clearly, both also don’t remember that we were all supposed to quit Facebook.
See also: Sean Parker: The Next Social Movement Is All About Live And Chatroulette Is There [Video]
Facebook is the world’s largest social network, with over 845 million monthly active users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to help build Facebook, and within four months, Facebook added 30 more college networks. The original...
Sean Parker is a serial entrepreneur and a managing partner at the Founders Fund. As one of the two founders of Napster, Sean helped architect and manage the peer-to-peer file sharing application to become one of the largest on the net. Parker subsequently helped found and manage Plaxo, a VC-backed contact management application company. More recently, Parker worked as the Founding President of Facebook before moving on to join up with Peter Thiel at The Founders Fund,...
Reid Hoffman is a Partner at Greylock, and Co-Founder and Executive Chairman at LinkedIn. Reid joined Greylock Partners in 2009. His areas of focus include consumer Internet, enterprise 2.0, mobile, social gaming, online marketplaces, payments, and social networks. Reid likes to work with products that can reach hundreds of millions of participants and businesses that have network effects. An accomplished entrepreneur, executive and angel investor, Hoffman has played an integral part in building many of today’s leading consumer technology...
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