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I agree with you. For all the startups that wanted to be the "Facebook of X"... if Facebook couldn't do it, why could they?

• malandrew 14y ago
  Mos' def. They now have a reason to start looking at a revenue sources that aren't based on ads. Every time I hear about a startup trying to shoe in an ad-based business model where you could make money selling directly or via high value intent-based referral fees to complementary businesses I cringe a bit. A lot of the time ads as a revenue stream are a total cop out that demonstrate a total lack of business sense an ability to spot value. Google is successful in ads because they are a generalist intent capture platform. Unless your business also happens to capture generalist intent, you should be thinking about referral revenue based on focused intents.
  • tibbon 14y ago
    I just thought we learned years ago that the ago model really wasn't a good one.
• dasil003 14y ago
  Facebook of B2B durable goods might be a good one to get it on.