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It's great for the people who founded Facebook, but personally i don't understand Facebook's valuation other than the networking effect. To me it's ridiculousl
by idea 19y ago
It's great for the people who founded Facebook, but personally i don't understand Facebook's valuation other than the networking effect. To me it's ridiculously overpriced. I wonder if that would make me less suitable to be a startup founder.
- utnick 19y ago15b isnt too too expensive really broadcast.com was once worth 4b, amazon.com is worth 40b heck the value of google has INCREASED 50b in just the last 6 months facebook is a VERY important site. where else can I go on the internet to place ads targeted to a location AND interest. An insane percentage of those under 25 have fb accts, and the whole next generation will be locked into fb as they follow their older peers. facebook has the internet on lock
- axod 19y agoAmazon sells stuff. Google makes money from a fantastic advertising business model. What does facebook do again? No one clicks on adverts on facebook.
- rms 19y agoThe banner ads aren't where they make their money, it's in the mini-feed ads and the sponsored groups and beyond. Yesterday, Axe sponsored a free gift on Facebook and now 250,000 profiles are permanently decorated with an Axe advertisement.
- axod 19y agoJust wait until Axe realise their ROI is practically 0. Perhaps they can make it work, I don't know. I do know that when I started seeing adverts in my mini-feed I thought "For god sake it goes downhill now, I don't think I shall be using facebook much longer"
- axod 19y agoJust to add: Google made a great business model by placing relevant adverts along side natural search results. People click on them because in some cases, they are what they wanted to find. Facebook advertising 'Axe' in my minifeed (Which is supposed to tell me whats going on with friends etc), is totally wrong. It's like a popup. It's in no way relevant. No one will click on it/care about it, and it'll just drive users away to whatever's next.
- ed 19y ago"An insane percentage of those under 25 have fb accts, and the whole next generation will be locked into fb as they follow their older peers. facebook has the internet on lock" Do you still use your friendster account?