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Facebook has yet to really monetize it's 500mm users. Example: in just a couple of years from when it chose to, it can eviscerate a $37 billion company: eBay.
by yanowitz 16y ago
Facebook has yet to really monetize it's 500mm users.
Example: in just a couple of years from when it chose to, it can eviscerate a $37 billion company: eBay. Hell, it could do it as a hobby at first. Then it can start to make real money. Imagine reputation based on your social graph, auction ads/placement based on all the fine grained data they have (and then once they have data on your past purchasing interest/decisions...), etc...
- decadentcactus 16y agoI see things like what you say, that "they just need to start trying" and it makes it seem like if I said "I could just start training to be an athlete, and in a couple of years I'd probably win [whatever]". They haven't really done anything until they actually... do something.