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Hey, Facebook: Create a Platform for *Advertisers* to Subsidize Apps
- colortone 19y agoThe key paragraphs are the last 4. Like Umair, I believe the huge value is not in "monetization through advertising", but making marketing itself useful to consumers. AdSense/AdWords is only the tip of the iceberg: "But instead of seeing widgets as a separate, third side of the platform, and then subsidizing them, Mark Z should have realized that widgets and advertisers are one and the same side of the platform. "That is, widgets from advertisers are really the second side of it's platform: advertisers will subsidize widgets, because they have a massive incentive to build widgets that create value. "See the convergence? Here, we begin to see a redefinition of marketing: 'ads' that benefit people."