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James Hong: Enough with the Facebook/Friendster analogies...
- nostrademons 20y agoI'll take that bet...
- paul 20y agoWhich bet?
- nostrademons 20y ago"In 5 years, i predict that the facebook will be a public entity, and easily a multi-billion dollar company... and that valuation will be justifiable based on actual business fundamentals, not on hype."
- schoudha 20y agoThis might be true but it definitely won't come through CPM or CPC advertising. Facebook needs new methods of monetization (i.e. gifts, sponsored groups, user data).
- run4yourlives 20y agoThat's what he's saying... he'll take the bet.
- paul 20y agoBut at what odds? :) http://paulbuchheit.blogspot.com/2007/03/how-to-be-right-90-of-time-and-why-id.html http://paulbuchheit.blogspot.com/2007/03/how-to-be-right-90-of-time-and-why-id.html
- paul 20y ago"Definitely" is a strong word. Monetizing this isn't the hard part -- being an important part of people's lives is.
- schoudha 20y agoGreat point, getting users is the tough part.
- timg 20y agoWas thinking the same the other day. Someone needs to slap those PR writers back in line.