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Google found a business model that works (keyword advertising) before they went public. Facebook still does not have a business model that works. Facebook is
by throwaway63-90 14y ago
Google found a business model that works (keyword advertising) before they went public.
Facebook still does not have a business model that works.
Facebook is surviving on investment, not income.
Mark Zuckerberg is billionaire because of Microsoft's and others' investments, not because Facebook is making billions in income.
- qq66 14y ago"Facebook is surviving on investment, not income." Better check your facts. Facebook made a $1 billion profit last year.
- deleted 14y ago[deleted]
- veridies 14y agoYeah, but off of overpriced ad revenue with relatively low profit to the purchasers. It's very likely because of how popular and new Facebook is that companies are trying to figure out whether they can use it effectively. But the novelty factor won't last forever.