<h2>10 reasons Facebook’s future is uncertain</h2>
<ol>
<li>Its own users <a href="http://www.huffingtonpost.com/2010/07/20/facebook-satisfaction-tan_n_652296.html" target="_blank">have very little trust</a> in the company</li>
<li>The site’s ease-of-use is among the worst on the web</li>
<li>The user experience doesn’t translate well to smartphones and tablets</li>
<li>Teens are <a href="http://www.forbes.com/sites/davidmartin/2011/06/16/one-simple-rule-why-teens-are-fleeing-facebook/" target="_blank">jumping to other social networks</a> now that their parents are on Facebook</li>
<li>A lot of Facebook’s stickiness is based on games from third party companies</li>
<li>Photo sharing is a major part of its activity, but doesn’t generate revenue</li>
<li>It has <a href="http://www.forbes.com/sites/timworstall/2012/01/12/has-facebook-peaked-too-soon/" target="_blank">already maxed out</a> its user base in developed countries</li>
<li>It’s <a href="http://blogs.wsj.com/chinarealtime/2012/02/02/facebook-ipo-the-company-has-high-hopes-for-china/" target="_blank">highly doubtful that it will get a chance to compete in China</a></li>
<li>Its <a href="http://www.cbsnews.com/8301-505124_162-57369642/facebooks-ipo-more-yahoo-than-google/" target="_blank">financials look a lot more like Yahoo than Google</a></li>
<li>It has to fight the natural cycle of social networks dying and being replaced</li></ol>
