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An Open Letter To Facebook CEO: Why Facebook Is Not Going For Professional Networking?

|Includes: Facebook (FB)

Dear Mr. Zuckerberg

On 24 Aug, 2012 I sent a message on your Facebook page, but did not get back any reply. I am trying to send the same message again through this open channel.

The reason of this message is clearly my interest in Facebook as a shareholder, who paid dearly for the share of Facebook.

Facebook (NASDAQ:FB) has lost 28% of share price in last year, while Linkedin gained 70%. Do you know why?

Because Personal networking is good to add members but actual revenue comes only from Professional networking.

Linkedin has only 200 M users while Facebook has more than one Billion. Think, if we can get 50% of these users as professional users, how much will be the value of Facebook?

This is what I suggest Facebook should do?

1. Facebook should open a possibility to add a second profile for each users and this second profile can be linked to the first one or it can be a total separate profile. Examples are given in details below.

2. Facebook should provide the possibility of switching between personal and public profile on a single click

3. The two profiles can be linked, if some one choose so or they can be totally separate e.g.

Private profile URL is www.facebook.com/JoneDoe

While professional profile will be facebook.com/pro/JoneDoe

4. When a friend request is received, the receiver will have the possibility to give personal or pro access to the sender

I can guarantee, it will be a total success and stock price will double overnight if not more.

Hope you will take action!

Praveen

Disclosure: I am long FB.