Comments on: Facebook Tries to Sell Out on "60 Minutes"

By: Happy Birthday Facebook « Between The Screens

Happy Birthday Facebook « Between The Screens — Thu, 05 Feb 2009 19:00:27 +0000

[...] networks. However it seems to me that there are three obstacles with these models. The first, as mentioned by Zuckerberg a year ago, and as seen by the user outcries concerning Beacon, is that social networks can’t invade [...]

By: Why Twitter Didn’t Sell to Facebook — Really - GigaOM

Why Twitter Didn’t Sell to Facebook — Really - GigaOM — Wed, 03 Dec 2008 23:24:24 +0000

[...] $15 billion in valuation. In October 2007, when Microsoft invested $240 million in Facebook, it valued the social network at $15 billion. Since then various different reports have emerged which point to a more somber valuation of $5 [...]

By: A.T.

A.T. — Sat, 19 Jan 2008 18:13:39 +0000

Oh, poor-poor Zuckerberg, he seem to ignore an option to resign if he can't keep both ends (ads/money and user's wish to NOT see ads) together, shifting blame on us, who drive his business further and further... I wonder why he doesn't ask industrial moguls to let their robo-equipment to register on Facebook and keep all those millions of accounts without necessity to please us, ignorant human beings.

By: Facebook Privacy Practices Probed by the Brits teasered @ TechTalkBlog

Facebook Privacy Practices Probed by the Brits teasered @ TechTalkBlog — Sat, 19 Jan 2008 10:35:35 +0000

[...] Facebook. It’s just one thing after another for the social networking site: The BBC reports today that Facebook is being [...]

By: Facebook Privacy Practices Probed by the Brits - GigaOM

Facebook Privacy Practices Probed by the Brits - GigaOM — Fri, 18 Jan 2008 20:04:11 +0000

[...] Higginbotham, Friday, January 18, 2008 at 12:04 PM PT Comments (0) Ah, Facebook. It’s just one thing after another for the social networking site: The BBC reports today that Facebook is being [...]

By: Triggit Makes Grabbing Internet Content Even Easier - GigaOM

Triggit Makes Grabbing Internet Content Even Easier - GigaOM — Thu, 17 Jan 2008 15:07:24 +0000

[...] rather than revenue. Facebook has a slightly different model, but it’s also going through hell of figuring out how to make money from its growth without alienating users. Others who have failed to monetize users while focusing on growth include defunct companies [...]

By: Think Facebook Realizes Yet They Are Just A Fucking Social Network? » Expert Idiot

Wed, 16 Jan 2008 17:49:18 +0000

[...] a name like that you know I need to see some pics girl) understands what I have been saying about Facebook forever. Now I know all you experts have been saying the same thing that the title question is [...]

By: Max

Max — Tue, 15 Jan 2008 00:37:11 +0000

Facebook and all the other free sites are doing more than just showing you ads, the big ad companies that power those ads are tapping into the "context" of your browsing habits and trying to create a picture of what you, the individual user are doing online across all sites. This has a lot of implications, beacon is only the beginning. I've started using PEERmadness, an adblocker that stops the requests from ever happening. This or any other one like it can help not only make your browsing cleaner and faster, but also protect your online identity.

By: Grog

Grog — Tue, 15 Jan 2008 00:04:08 +0000

I certainly hope they go public sometime soon, and get a market value of $15 billion, so I can sell them short and make a bundle. When FB opened up to the world they blew it. The future of social networking is in niches. I don't see how any one network will serve everyone's interests, so it's more likely that people will find different social networks for different parts of their lives.

Secondly, the notion that FB will threaten Google, because people will be more inclined to get info from their social network, is absurd. My network will quickly dump me if I constantly ask them where can I find a printer driver for my obsolete printer. Social networks might be good for finding a decent restaurant, but that's rarely what I search for.

By: michaelportent

michaelportent — Mon, 14 Jan 2008 21:40:17 +0000

It's really sad that they're so starved for ideas on making their amazing product worthwhile. Their social networking experience is a dream compared to MySpace. I guess only crappy sites are marketable.

By: David Mullings

David Mullings — Mon, 14 Jan 2008 20:42:52 +0000

I use both LinkedIn and Facebook and have used FB to land speaking engagements, get meetings with VCs and Angel Investors, landing a book interview, as well as a number of other things so there are people who find value in it while using something like LinkedIn.

As a user, Beacon scares me and I have long learned to ignore most banner ads on websites I go to, even right here on GigaOm and I know I am not alone.

Advertisers today have forgotten that engaging a person is more important than advertising to them, hence the statistics that people tend to skip commercials or change the channel should be no surprise.

Would I pay a small monthly fee to use LinkedIn or Facebook? YES, if it means I don't get annoying advertisements on every single page.

So my revenue model is simple:

Free ad-supported accounts combined with paid-subscription model with no ads at all (Freemium model).

By: Tibor

Tibor — Mon, 14 Jan 2008 17:25:46 +0000

Here is the crux of things. FB needs advertisers to make money, but the site is one of the worst performing when compared to others. we have spent about $100K in '07 on it. We will cut back dramatically on basic advertising in '08. We will still spend $100K but find other ways to engage the users. Trouble is FB won't see a penny of that the way it's currently planned.

By: ted dunbar

ted dunbar — Mon, 14 Jan 2008 14:32:22 +0000

What a surprise...a socially awkward kid who has a parent that is a psychiatrist.

Note: I have a brother that is a therapist.

By: Dale D

Dale D — Mon, 14 Jan 2008 13:45:16 +0000

Facebook appears to be entering a transitional phase. MS has taken a stake and now they are attempting to figure how how to capitalize on the extraordinary amount of traffic and still keep users happy. Mistakes are being made.

Mark Zuckerberg does not appear to have the experience to pull this off. Remember it's Eric Schmidt behind Google's moves.

my 2 cents..

By: Lou Covey

Lou Covey — Mon, 14 Jan 2008 00:59:37 +0000

The problem with media in general is a dedication to content exclusivity, glorification of audience size and a dependence on advertising. All of that is interrelated. The information available on Facebook is valuable to a very limited audience and that audience are unresponsive to advertising. Facebook, however, can't survive without advertising.

The web 2.0 culture needs to assign a value to the information and entertainment they offer and the audience is going to have to start paying for it if the medium is to survive. Advertising is a mass market financial model. Web. 2.0 is a community responsibility.

By: Kevin

Kevin — Mon, 14 Jan 2008 00:36:44 +0000

Now here’s the interview they should have shown…. ;)

http://lairigmarketing.blogspot.com