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I understand when a startup, like Instagram acquiring eyeballs and saying: "we really don't have a business model, but when somebody will acquire us - they sure
by nivertech 15y ago
I understand when a startup, like Instagram acquiring eyeballs and saying: "we really don't have a business model, but when somebody will acquire us - they surely will figure this out".
But when Facebook saying "we didn't really started to monetize our 800M eyeballs, we just waiting for IPO and will figure it's later" - it's sounds silly.
- marcamillion 15y agoThey never said that. It's just their actions. They generate enough cash to sustain themselves and they can grow. They are doing it properly and taking their time. Just like Twitter is. You may poo poo it all day, doesn't change the fact that over the long run it works.