The Facebook IPO

Facebook Feud: Sean Parker Defends Site Against Analyst's Claims

Airtime Co-founder and Executive Chairman Sean Parker and Airtime Co-founder and CEO Shawn Fanning at the Airtime Launch Press Conference at Milk Studios on June 5, 2012 in New York City.
Jemal Countess | WireImage | Getty Images

Sean Parker, Facebook's first company president, rejected one analyst's claims that Facebook would "disappear in five to eight years."

Erik Jackson, founder of Ironfire Capital, told CNBC Monday on Squawk on the Streetthat in less than a decade Facebook would lose its prominence in the web realm.

"In five to eight years they are going to disappear in the way that Yahoo has disappeared," Jackson said.

Parker, however, spoke to CNBC on Tuesday after the launch of his new start-up Airtime, a social video app, and said the demise of