Facebook is losing teens but does it matter?

Venturebeat citesiStrategyLabs report, 3.3 million teens aged 13 to 17 left Facebook (FB) from January 2011 to now, and another 3.4 million in the 18-to-24 group also quit the service for a 7.5 percent drop. While Facebook may be losing younger users for the same period those aged 25 to 34 added 32.6 percent,35 to 54 year old it was +41.4%, and 55 or older a whooping 80.4%.

So while Facebook may be losing teens it's gaining key demographics that spend much more money.

InvestCorrectly Staff
InvestCorrectly Staff

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