According to compete.com, Facebook’s traffic is up by 10% vs. last month. Solid growth, it seems so.

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Qualitatively, I started to ‘feel’ negative about Zuckerberg’s kingdom. With all the hype coming from Microsoft investment, its valuation reached almost 15 billion US$. When that valuation is compared to the numbers reported by TechCrunch’s following post -and leaked by Zuckerberg’s phone conf.- it doesn’t justify the phenomenal company, at least for me.

I will not re-report the numbers but closing 2007 with only 150 million US$ in revenues, and projecting a pretentious 350 million US$ for 2008 would not make me feel confident if I was one of the venture capital investors that poured more than 330 million US$ to the company to date.

What makes me think that? A few friends of mine that decisively withdrew their Facebook accounts lately. While I agree that it does not represent the millions of Facebook users, I learnt to trust my intuition throughout my career, and Malcolm Gladwell’s Blink only reinforced that belief. Another set of personal facts solidify my conjecture about Facebook’s supposedly bleak future:

  • I had a private Firefox counter that tells me how much time I spent on a specific website and I can look at the numbers on a chronological scale. Although I didn’t feel it, my Facebook browsing time is down by almost 30%, although my total web browsing time is up by 10%.
  • When I look at my Facebook friendship timeline, I observe a significant slow-down in the number of new friend requests. For the sharp minds already thinking that I might have already reached all of my friends via Facebook, I can guarantee them a healthy fraction of my friends still out of the blue-white pages.

Bottomline, with 150.000 US$ under management of my micro Venture Capital firm Inventia Capital, I wouldn’t bet on Facebook’s next financing round!