Is this how Facebook feels right now?
Dave Winer: â€œStandards devised by one tech company whose main purpose is to undermine another tech company, usually don’t work. In this case it’s Google trying to undermine Facebook. And I don’t think it’s going to workâ€�
Fred Stutzman: Agrees with Dave
Fred Wilson: â€œI like what Google is doing with Open Social. Ganging up on the leader is a time-honored way of competing. And a level playing field is usually good for the newcomers, and we have a portfolio full of newcomersâ€�
Nick O’Neil: â€œIf you think that Facebook’s primary strength is their Facebook platform and that Facebook’s goal was to bring the entire web within Facebook, then yes they may have lost the war. I would argue that the platform is not Facebook’s primary strengthâ€�
Om Malik: â€œEven if you take Facebook out of the equation, the task of writing and adapting widgets for the every increasing number of social platforms was going to turn into a colossal mess. OpenSocial looks to address some of those issues. This is a mild negative for start-ups who are offering middleware services around widgetsâ€�
Richard MacManus: â€œIt’s Facebook vs MySpace vs The Rest – and The Rest is now operating under a Google frameworkâ€� [now Myspace is part of â€˜the rest’]
My thoughts: Microsoft is not an idiot and they knew that Google was going to challenge Facebook with something like this. Facebook could not hold a monopoly forever. Thus while the $15B FB valuation still surprises me, it is a clear vindication (in my mind) that social media is here to stay as a long-term play.