How does any of this lead to "the end of facebook"?? The author even states "Facebook is still growing very fast in terms of page views and number of users."
Major linkbait.
Consider that Facebook isn't going anywhere (most likely) and will be a major company for a long time. That still doesn't change the fact that if they've already done all of the their major growing (user-wise, I'm assuming that they will continue to look for new revenue sources), their IPO could be a significant letdown for investors if there is simply no where to go but flat.
That said, I don't know any more (or less) that this guy..
I suppose it's possible that facebook could still be acquired, but given how large they are, and the huge amount of cash/stock it would require to buy them, that seems unlikely to me.
Of course, it's very possible that that argument is mixing up cause and effect, and this is still a relatively young field. But the implication is that, if facebook isn't relevant to pretty much everyone, then it will eventually be eaten up by something that is.
facebook should have been trading for a year already. and now the market is entering what could be a protracted decline. this reminds me of companies that went public in february of 2000. so obvious the train had already left the station...