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Welsh's opinion is that Facebook is driven by the fear of being bypassed by an up-and-comer. They saw the other social networks fade away and that fuels their desire to acquire innovative new companies.

"They're really focused, in my opinion, on just making sure they're covering everywhere that their audience is going," Welsh said.

User growth and maintenance, or the tending of the flock, is merely one facet of a three-sided strategy.


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