4 ms·
The point is that these are small markets (funny shirts) compared to stuff that actually makes lots of money (cars). Funny shirts do not a $100 billion company
by ljlolel 14y ago
The point is that these are small markets (funny shirts) compared to stuff that actually makes lots of money (cars).
Funny shirts do not a $100 billion company make.
- mikeryan 14y agoIf I had to guess I'd say a very large portion of Google Ad Words revenue is made up of Funny Shirts. Or San Francisco Dog Walkers or Faucet Sales in Portland. You're digging yourself into a hole with this position. Very successful advertising businesses are built on small niche advertisers. (valpak anyone?) The question for Facebook is whether there's enough of these successful advertisers to make a 100B business.
- jonknee 14y agoBecause you go to Google when you want a dog walker or new faucet, you don't go to Facebook.
- ryanholiday 14y agoJonkee is right. Intent to purchase is the difference
- roc 14y agoYou don't really have to guess. Last I saw something like 15% of Facebook revenue was Zynga-related. So it's likely they're truly worth a quarter of their current valuation or so, on the basis of funny t-shirts and social gaming writ large.
- evilbit 14y agono, man, you don't understand: this is the genius of economy 3.0, where we all make money by sitting on our ass playing xbox 360 and selling farmville ads for funny, made-in-china t-shirts.
- hdctambien 14y agoDoes GM get better ROI on its TV commercials that I skip with my DVR than it could with Facebook ads that just sit there on my screen glaring at me?
- tatsuke95 14y agoI can only skip commercials if I've recorded the show. If I want to watch live (sporting events!), I will eventually have to sit through commercials. Facebook ads, on the other hand, I block in real time and don't even remember what they look like.