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MySpace Might Have Friends, but It Wants Ad Money
- babul 18y agoGet traction, build a large user base, and the money will follow ...this seems to be general startup mantra. But $1B in revenue even from 118M users is a steep target, and most sites would be happy with $7 per user. In this respect I think that as long as MySpace is profitable, they should not wory so much and focus on building what people want and making it easier to get it. If they create value, they will 'earn' value (at the rate the market determines)?
- jonknee 18y agoYou don't get quotes in the NY Times like this every day: > "The redesign is intended to address a problem of social networking sites, which is that many user pages have the aesthetic appeal of a 14-year-old’s high-school locker." And the situation isn't so bad, MySpace is still trouncing FaceBook in revenue.