Hey, just a few days after I took the time to set up a UW Madison Alumni email and forward it to my Google mail and I’m feeling all special and elite because I have a Facebook Account,  Forbes reports that Facebook will open up to anybody very soon.

This will be really interesting to watch.   Facebook is much, much smaller than Myspace but has a far more “elite” reputation among the college crowd.   Will Myspace users move to Facebook?  Run multiple accounts?   Which service will new users choose?

Facebook turned down huge money recently, wanting a lot more for what they think is the most valuable social network environment.   If I had to predict things I’d say they made a mistake turning down that money and opening up to all.  They’llsee slower growth than they are expecting, reducing the perceived value of Facebook to less than what was offered.