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How can you "not detect" a business model for a company that has revenues of over a billion dollars? seriously?

• jacquesm 16y ago
  Yes, seriously. I can't make soup of it. What's their intention long term, everything seems to be in anticipation of what they're really going to do. In all the time that I used facebook (haven't used it in months) I had a very hard time figuring out how they were making money on or off me. It can't be the ads I never clicked and it wasn't the subscription fee I never paid.
  • pclark 16y ago
    I believe Facebook has at least 6 business models in operation today, including: * ads in margin * special paid for groups * sponsored likes (these are discussed in Kirkpatricks book of Facebook - and here: http://www.quora.com/Facebook-1/What-is-the-revenue-distribution-of-Facebook?q=facebook+revenue http://www.quora.com/Facebook-1/What-is-the-revenue-distribu...) Additionally, Facebook has just launched Facebook Credits. Zynga (revenues $600M+) is their launch partner. Facebook gets 30% of their spend. I do not think they are struggling to monetize.
    • jacquesm 16y ago
      I always figured they'd go and do a payment system because in facebook the 'graph' of your friends validates you to the point that doing business with someone becomes a lot less risky than on paypal, but for some reason they seem to be holding back on that. Maybe the zynga deal is a prelude to that. It would make good sense to do that, facebook is the closest we've got to a verified ID on the net. The issues to contend with would then of course be hacked accounts and such but that's not different from other payment systems.