Bad news for Mr Zuckerberg. The world without Facebook sounds unbelievable, but after its sliding stocks a hedge fund manager has predicted that Facebook will "disappear" in five to eight years. According to Eric Jackson, the founder of Ironfire Capital, said, "In five to eight years they are going to  disappear in the way that Yahoo has disappeared." 

"Yahoo is still making money. It's still profitable, still has 13,000 employees working for it. But it's 10 per cent of the value that it was at the height of 2000. For all intents and purposes, it's disappeared." Jackson noted that so far there have been three generations of Internet companies. Yahoo, a Web portal, is a
great example as an online pioneer. 

Facebook then swept in as the second generation with the wave of social media. The third generation is all about mobile, he said.