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Facebook and the “Duke Nukem Forever” of Business Models
- rokhayakebe 18y agoFacebook is definitely a winner. Although I do not use it much, it definitely serves a purpose. They have raised enough money to not worry for another 5 years ( I supposed), hence they have time to figure out the best business model.
- redorb 18y agoI agree FB is a winner, but I wouldn't bet what MSFT did on it, and they wouldn't of either if it didn't lock them into prime buyer spot (and lock others out)
- unalone 18y agoIf I were Microsoft, I'd have bet that much if only because the act of my giving them that much money gave them a lot of credibility to people who weren't certain about how useful Facebook is. I think it's a gamble, but if you put money in, it encourages others to do the same.
- mixmax 18y agoTo me a winner is someone with insane positive cashflow - not someone that has raised money not to worry for another 5 years.
- prospero 18y agoFacebook: it'll be profitable when it's profitable.
- cellis 18y agoVery true. People tend to forget the story of Amazon.com rather quickly.
- josefresco 18y agoDNF: It'll be done when it's done.
- alecco 18y agoThe article is a dupe but The Onion's cover is hilarious :)