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Groupon and its ilk also do VERY well on Facebook. If you buy that they can maintain the margins that they currently have, I'd wager they can contribute quite a
by webwright 16y ago
Groupon and its ilk also do VERY well on Facebook. If you buy that they can maintain the margins that they currently have, I'd wager they can contribute quite a bit to Facebook's bottom line.
Definitely NOT a ponzi scheme... Many companies with amazing revenue (and PROFIT) come back to Facebook ads again and again.
- lucisferre 16y agoI'm certain I've the this same exact claim posted here on HN before, from another blogger I assume, I'm a bit surprised to see it again. As before the author offers only anecdotal reasoning. I appreciate that FB ads don't work out well for everyone, but not everyone advertising on FB is selling something that should make a profit, or using the FB ads intelligently. Edit: And I was right as someone already linked in the comments. In fact, same author he just changed the date of his post (http://news.ycombinator.com/item?id=1293119 http://news.ycombinator.com/item?id=1293119). Blog spam?