5 ms·
Because snarking on Facebook is fun! My belief is that with straight up direct ad sales and limited targeting ads, MySpace cleared $1B this year. That's the po
by alaskamiller 18y ago
Because snarking on Facebook is fun!
My belief is that with straight up direct ad sales and limited targeting ads, MySpace cleared $1B this year. That's the potential upper limit of how much Facebook can make with just straight up ad sales.
But having a much more complete understanding of relationships, Facebook wants to find something more effective and profitable than AdSense. That's what Mark Zuckerberg really pitched to everyone that has invested into Facebook: his team's ability to reinvent online advertising.
The products they have so far -- Beacon, Social Ads -- are kind of lame but Facebook Connect is getting pretty big and they have quite a lot of money and time to work on it.
But all this doesn't matter. Facebook isn't profitable! And somehow this affects hackers around the world.
- incomethax 18y agoOf course this would affect hackers around the world. Anything that Google, Microsoft, Apple, etc. affects hackers because so many hackers are employed by these companies. Facebook is the same way, the churn of ideas that goes through each of these companies matters because only through working with other hackers do hackers develop and refine their own ideas. Without these large companies subsidizing hacker side projects we wouldn't get any of the idea building that spins into new companies and growth for our economy.
- alaskamiller 18y agoFacebook is more of a kids paradise than hackers paradise.
- gnaritas 18y ago> cleared $1B this year I doubt that, cleared tends to means profit, not revenue, how much did they actually make after all the expenses were paid?