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False. Facebook is a billion dollar market driven by virtual good sales.
by dva 16y ago
False. Facebook is a billion dollar market driven by virtual good sales.
- qwzybug 16y agoSorry, should have qualified that. "No one has figured out how to make money on the Internet except by making games that people will pay not to play[1], somehow managing to sell poorly-animated GIFs for a buck as 'birthday presents' [file under thanks-but-no-thanks], or advertising." Also note that Facebook's only actual revenue stream is ads. [1] http://mediacommons.futureofthebook.org/content/cultivated-play-farmville http://mediacommons.futureofthebook.org/content/cultivated-p...
- dva 16y agoFacebook expects fees from credits transactions to be a significant revenue source.