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50 Comments
- Phoenixheart, on 10/10/2008, -2/+24What else do you expect a CEO to say about his own company?
- lovemorgul, on 10/10/2008, -3/+16Facebook, which has enjoyed explosive growth relative to rival social networking....
- MacBookForMe, on 10/10/2008, -1/+13yeah, yeah, grow...grow...until the next bailout:)
- thegrantman, on 10/11/2008, -1/+13It's much easier to become very offensive...they'll do it for you.
- KaiserArny, on 10/11/2008, -4/+15Facebook peaked a long time Ago.
- divinediva, on 10/10/2008, -3/+12I don't think social networks can be monetized in the same way that search did
- CommonSense2k8, on 10/10/2008, -2/+9America needs some federal privacy laws so companies like Facebook cannot abuse the power they have been give to them by an unknowing public.
- TheMachine1, on 10/11/2008, -0/+7"Just how do you best monetize the strikingly popular social network?"
You build a time machine and sale the company for whatever you could back in the summer of 2008. Because I doubt it will be a survivor of a deep protracted global slow down. - vrikis, on 10/11/2008, -1/+7HAHAHA 3 years? Who will use facebook then?
- inactive, on 10/11/2008, -1/+7I really shouldn't have to take three hours to delete EVERY single message and comment I ever made on Facebook when I want my profile deleted.
It really is ***** ridiculous. - j.carcinogen, on 10/11/2008, -1/+7CIA DATAMINING.
In-q-tel is a CIA VC company that helped facebook get off the ground. - Vich, on 10/11/2008, -0/+6ugh facebook growth, is there a cream for that?
- FuzzyCat, on 10/11/2008, -0/+5
I've never understood why anyone ever thought Facebook was going to be a 'platform' for developing anything worthwhile at all. If you were going to build, for example, Digg there's no way you'd link your success (or otherwise) to someone else's 'platform'. This is especially true if you actually intended to make a success of it. Who would want their company to be at the mercy of the owners of the 'platform' it ran on who could change their TOS at any time affecting you effectively wiping you out.
It's not a platform at all, at least it's not a platform that anyone with any idea is going to use. - d0nkeym0nkey, on 10/11/2008, -3/+8I give facebook one more year before it goes the myspaceway.
- digger109, on 10/12/2008, -0/+4Zuckerberg is an idiot. No doubt about that. The rest of the quote tells even more how disconnected he is from the reality, which is "We will have a business model in about 2 to 3 years" and this person is considered to be a paper millionaire. Gawd.
- inactive, on 10/11/2008, -2/+6Facebook sucks balls.
- amoirae, on 10/11/2008, -0/+4Tumors are all about growth too.
- kungfumaniac, on 10/11/2008, -0/+4Well, he couldn't say they were all about mining personal information.
Unless he had a cat and hand made out of steel. - AlienMushroom, on 10/11/2008, -0/+4Is there any business all about decay, besides archeology?
- locojones, on 10/11/2008, -1/+5Three years is eons in internet time. The fact that he thinks Facebook will still even be relevant then just emphasizes that he's even more delusional than when he thought he was actually worth a billion dollars.
- whoreable, on 10/11/2008, -0/+3I thought it was all about posting drunk pictures of yourself.
- saisumimen, on 10/11/2008, -1/+4Unfortunately, it started happening the second it went from "college only" to "anyone, ever".
- jsebrech, on 10/11/2008, -0/+3Honestly, they wouldn't be doing their job if they weren't data mining the social networks. I do think it extends beyond facebook. I think all the major social networks are being monitored, as well as most email and im traffic. If you put one million people on a watchlist, pretty much the only way to monitor is to use automated data mining techniques.
The question is not "are they doing it?", because given the current strategy on counter-terrorism they obviously must be (even if we had no proof of it, which we do). The question is "should they be?". Given the complete non-threat terrorism actually poses when you objectively look at it, I say "no". - mirunit, on 10/11/2008, -1/+4IPO does not equal monetization. Also, the majority of people who spend alot of time on sites like facebook do so for a reason - they have nothing else productive to do. Facebook is not Google. To answer the question of why they are not moving into developing countries is easy to answer, they already have their own networks in their native language with an existing base of people.
"Facebook iPhone app use any of the accelerometer or GPS functions?"
Why would I want it to use the accelerometer? Also, Geotagging has already existed for awhile - but do people really need to know where I am based off a GPS location on the internet? How about they just call me? - localpinoy, on 10/11/2008, -0/+3i wonder if anyone has poked the chief operating officer, Sheryl Sandberg
- KevinHatesObama, on 10/11/2008, -3/+6Zuckerberg is a dumbass that should have sold Facebook a LONG time ago when he had a chance. Now he's going to be living in the street sucking Kevin's dick whenever he can get a chance. LMAO and.... might I say PWNED!
http://tinyurl.com/4tb5kx - ofenza, on 10/11/2008, -3/+6The new design actually brought me back to facebook. It's much better, just get over it.
- treelovinhippie, on 10/10/2008, -5/+8Wrong. It can be monetized better than search was (trust me).
But Facebook need to jump-on the issue now if they want any chance of an IPO. With the global depression coming on, and Facebook investors starting to approach that magic 3-5 year time where they want out.... FB need positive cashflow right now.
Has Zuckerberg anticipated the massive shift in social networking that social clouding will bring within the next 1-2 years?
How about the market-stealing potential of new social startups utilizing the full potential of mobile phones?
(Why doesn't the Facebook iPhone app use any of the accelerometer or GPS functions?)
Why aren't Facebook heavily pushing into countries like China, India and Africa? ... places where mobile phone-centered social networking will be explosive over the next 2-5 years. If you've been keeping-up with news, you'd know Google plans to launch 16 satellites to connect over 3bn more people (in Africa and 3rd-world countries) to the Internet within 2 years.
If Facebook really want to be a long-term dot.com company they need to sort-out their cashflow issue by the end of 2009 and IPO by the end of 2010. The only way they will be able to become the global social network is if they invest resources into securing a dominant social-networking share in the EU, China, India and Africa. - j.carcinogen, on 10/11/2008, -0/+3Trust Bush much?
- inactive, on 10/11/2008, -1/+3Or, an unknowing public needs to start knowing.
- paradigmxx, on 10/11/2008, -0/+2Speaking as a full-time Internet Marketer, I haven't seen much revenue potential for Facebook. Some of the things they've done already for advertisers yield in incredibly low click-thru rates - including the fact that advertisements are not well integrated in capturing user attention.
Mind you, I do know OF folks who have monetized Facebook quite well for niche online sites of theirs - but it really is a bitch to work. Search traffic yields better results.
So good luck Zuckerberg - should've pulled a Tom when you had the chance. - Jareth86, on 10/11/2008, -2/+4Tag! You're a werewolf!
- inactive, on 10/12/2008, -0/+2I guess it's all those kids insulting how I old I was.
Yeap.
OK I'm going to cry. - CommonSense2k8, on 10/11/2008, -0/+2the general public is always ignorant.
People who know have to protect those who dont care to know... - d0nkeym0nkey, on 10/11/2008, -1/+3http://www.politicalfriendster.com/showConnection. ...
- xpose, on 10/11/2008, -2/+3Facebook is all about trying to clear those new message notifications about every little thing. The more you clear as read, the more come up. Its madness!
- raibman, on 10/11/2008, -3/+4the new facebook sucks now. it sucks. it takes lot of time to load and browser freaks out, hangs a lot of time. this new facebook is not towards change or growth. it hurts my bandwidth and browser. please revert back to the old facebook
- inactive, on 10/11/2008, -1/+2thats why o go there less and less.
- mikewill7seven, on 10/11/2008, -0/+1I hate Mark Zuckerberg with his smug ass retort. He must know something we don't or he must have something up his sleeve nobody knows about. Microsoft must know the what he has planned otherwise they wouldn't have dumped a ***** ton of money into the company. I for one don't understand why Facebook is getting all this attention. Either Zuckerberg is high on Ecstasy all the time or he's about to release some ***** that is going to astound us. He better have a way monetizing social networks that none of us thought. Something so far fetched that it will amaze us all. I personally hope Facebook goes down in flames.
- treelovinhippie, on 10/12/2008, -0/+1Um, yeah what I'm saying is if they want to go public, first they need positive cashflow. Who wants to invest in a company with cashflow in the red and no real business strategy?
If Facebook don't actively push into developing countries and overseas, then they will be forever locked-out of those markets as existing social networking sites gain a dominant share. The behaviour of social users atm is to stick to one site. So if Facebook decide down the line to pursue overseas push strategies it will be drastically more difficult if they have to compete with an already dominant social networking competitor/s.
There is a lot of features that can utilise the accelerometer and GPS more than their most basic of uses. You'll see some of these new social startups with geo-social features gain users and traction, then Facebook and MySpace will finally follow. It's just depressing that these companies are so slow to adapt despite their massive human resources. - whoreable, on 10/11/2008, -0/+1I have trouble believing that a 52 year old man would waste his time saying "Facebook sucks balls" 25 maybe. But yes facebook and myspace and all those other sites do in fact suck balls.
- CrushThemTorg, on 10/11/2008, -0/+1Facebook died when I got my first application invite.
- treelovinhippie, on 10/12/2008, -0/+1@jerrycurley... vision. It's not very difficult, and it's quite depressing again that so little of the major players (both companies and people) on the Internet have very little vision.
@divinediva... really? So despite the fact that social networking is centered around pools of personalised, demographic and behavioural data - you know, the kind of data marketers would kill for... and search is nothing more than a single, random input from the user. - whoreable, on 10/11/2008, -0/+1"Wolfman's got nards"
http://www.youtube.com/watch?v=qu6L9pG_E6o - KaiserArny, on 10/11/2008, -3/+2If other languages look anything like it does in French, They have no chance internationally.
- inactive, on 10/11/2008, -5/+4Well it's better than bebo and myspace combined.
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