4 ms·
It's definitely here to stay. Take for example Facebook gifts. Priced at just $1, if 35,000 people buy an FB gift everyday (out of 400m and growing), it transla
by jagtesh 17y ago
It's definitely here to stay. Take for example Facebook gifts. Priced at just $1, if 35,000 people buy an FB gift everyday (out of 400m and growing), it translates into $1m of additional profit every month. We're talking about massive economies of scale. Whoever gets on the boat now has a chance to enjoy a near monopoly for sometime to come.