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shoham
searching PlanetScale…
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9 ms
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61.
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by
shoham
15y ago
I'm not convinces of this last point -- what my friends and family like has a lot to do with what I like when we do it together moreso than what our actual similarities in taste are.
62.
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Social Power and the Coming Corporate Revolution
(forbes.com)
3 points
by
shoham
15y ago
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1 comments
63.
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shoham
15y ago
I imagine so. Also keep in mind that Google just lost a big court case that forced them to take reviews of restaurants, etc. off of their search results if they come from sites like Yelp.
64.
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shoham
15y ago
Wow. Thank you for the insight, as someone who is working on getting funding for my business.
65.
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by
shoham
15y ago
Their ad system has great potential, but right now it's under-developed...
66.
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shoham
15y ago
We're a start-up with a limited ad budget, but I found Facebook to be a good launching pad for our first several hundred registered users. With Reddit we really get a good combination on by networking directly with artists (I'm a co-founder
67.
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by
shoham
15y ago
TV ads work because, and only if they grab the attention of the viewer. I've bought tens of millions of FB impressions this year myself. The results have been fine, but I've moved on. It's really easy to ignore Facebook ads, and the poin
68.
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by
shoham
15y ago
"I agree completely. The "Like" phenomenon feels very much like something you would see on VH1's "Remember the 80's?" Wow. Harsh, but spot-on.
69.
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by
shoham
15y ago
I think that his argument is flawed, but there's some merit to the idea that what a job means will, should and has shifted.
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by
shoham
15y ago
could -- more likely, I think that it won't. What's Facebook do? It helps you connect, and reconnect with friends and family -- what's that have to do with buying and selling goods? Why do I need to watch shows on Facebook, and not some
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by
shoham
15y ago
Well, like The New York Post. What do you expect from CNN!?!
72.
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by
shoham
15y ago
Those machines still cost money to make, and run...
73.
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by
shoham
15y ago
I think that the title was just to grab your attention. I don't agree with everything in the article, especially the idealization of the Middle (or 'Dark') Ages, but the idea that what kind of work people will do 30-50 years from now, I th
74.
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by
shoham
15y ago
"Even if the only expense was food, absent government help one person would have a hard time staving off malnutrition on that much money here in the US. That's living under a bridge and wearing trash bags to work." Exactly. "I don't really
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by
shoham
15y ago
Alexa.com has LinkdIn @ 13, Amazon @ 15, and ebay @ 21 globally.
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by
shoham
15y ago
Even at 1 Billion users, that's only $10 Million -- less than 1% of what they made in the last 6 mos.
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by
shoham
15y ago
I agree with just about everything but your last sentence.
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by
shoham
15y ago
Well, there's no pay-per like option right now, so technically I'd say that this doesn't count. As to your point re: linking to brand page on Facebook, I feel as if this goes to the point that unless and until you let businesses sell on Fac
79.
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by
shoham
15y ago
"Smart people with that much attention flowing through their systems will figure out the details". As an investor, I'm uninspired here -- the details are all that matter to me-- not who the smartest guy in the room is, not at these prices.
80.
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shoham
15y ago
Congratulations!
81.
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by
shoham
15y ago
Rhetorical question, I suppose, but I 'lived' in Vietnam (backpacking) for about a month and spent less than ten dollars a day (significantly more than I would have if I lived there for say a year and cooked my own meals, and had rent inste
82.
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by
shoham
15y ago
Well, anything's possible, and I'd even say that they might do something else that neither us nor them nor anyone else has figured out yet, but I can't speculate there. I see Facebook as a potential AOL without the dial-up service, but wit
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by
shoham
15y ago
Thanks for sharing! Great article, reminded me of a great speech I read recently that Paul Graham gave in 2005: http://www.paulgraham.com/opensource.html The jist is the same as Rushkoff's, and Lanier's conclusion-- that people perform be
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by
shoham
15y ago
This is true with Rite Aids in Pittsburgh as well!
85.
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shoham
15y ago
My question is "Where is that revenue supposed to come from?". Let's assume Facebook's userbase doubles in the next year, and tops out/ holds steady at at 1.5 Billion people for the foreseeable future, and that their revenue per user doubl
86.
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shoham
15y ago
Interesting points, ig. When it comes to revenue, I ask myself "Why do people come to your site". The magic for Google/Yahoo is that you come to their site to leave their site, to find answers to questions like "Where can I find a diamond
87.
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shoham
15y ago
The music school could really use the money! Hail to Pitt :)
88.
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by
shoham
15y ago
Thanks for sharing this, whether or not either of them actually said these things verbatim (which has been questioned elsewhere in this thread). These guys got what capitalism is all about: providing goods, services, and jobs that make peo
89.
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by
shoham
15y ago
I think that these phrases and especially number 5 point to a different paradigm in business than we have today, unfortunately. Profits should really be there largely to help a company expand service, do R&D into new technologies, and
90.
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by
shoham
15y ago
80-1 P/E valuation seems a bit steep to me. I still see this as a $25 Billion company in the long term, which isn't bad for a site that gets much of its revenue from display ads. Here's a list of websites by 2010 revenue: http://www.incom
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