Facebook at Age Five

[soybean]

"The social networking site now boasts 250 million users, but has yet to make a single dollar in profit. Five years after its inception, a look at whether it can last another five."

Article here.

[Computer Hope Admin]

Good story and amazing how they have yet to make a profit.

[kpac]

Yet to make a profiit? So how come the 26 (or 27) year old owner is a billionaire?

[Computer Hope Admin]

Yet to make a profiit? So how come the 26 (or 27) year old owner is a billionaire?

Investors. Sure he's not too worried about making a profit would be easy to sell the company for billions.

[kpac]

Yeah, he was on TV one day and he said he still lives in a one room apartment....

[rssc]

if he thinks logically he is a billionaire if he was too sell facebook?

[Computer Hope Admin]

Honestly really surprised he hasn't sold it yet, maybe he has bigger plans set for it.

[rssc]

I cannot think of much more he could possibly integrate that wouldnt make users sick of it, I can see it (hope im wrong) to be covered with pointless web adds.

[soybean]

I doubt you'll see it "covered with pointless web adds".  Hopefully, the volume of ads won't have to become much greater than now.  Some advertising is unavoidable unless they go to a fee-based subscription approach, like classmates.com, which is something I doubt very much will happen.  But, the revenue has to come from somewhere.   

[computeruler]

Really, how do any sites like that, myspace, youtube ect make any money?

[patio]

Clik...clik..clik.........

[Karnac]

This is making the rounds....

FACEBOOK has agreed to let a third party advertisers use your posted pictures WITHOUT your permission. Click on SETTINGS up at the top where you see the Log out link. Select Privacy. Then select NEWSFEEDS and WALL. Next select the tab that reads FACEBOOK ADS. There is a drop down box, select NO ONE.