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---- Facebook investment 'values firm at $50bn'
dailypress - 4:02 am on Jan 4, 2011 (gmt 0)
| If I was facebook, I'd be looking at one thing. Sounds like 'ating' and starts with 'duh'. |
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That's what it all boils down to.
The richest website owner in my country is the guy that started the online dating site for the community. His site doesnt have the highest traffic and isnt the most popular; but he simply generates $ millions a year.
Rather than monetizing visitors to 1 cent clicks he charges 30-40 dollars/month for membership.
core functions of the site,(messaging, wall posts, chat, friends etc) are fairly easy to replicate by a well funded and well built upstart. Obviously there is a lot more to facebook than that but i can easily see a real challenger emerging over the next 2 years. |
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hmmm... arent there already such sites like MySpace etc... ? Facebook will be around much longer...
| Farmville is not owned by facebook is owned by Zynga. So it has nothing to do with it. |
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Thats correct. But i'd guess facebook gets something out of it.
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