On Sep 21, 2008, at 6:48 PM, Kontra wrote:
I do think that Facebook has yet to produce a meaningful business
model.
And this is a huge problem.
Wasn't for YouTube. Or Skype. Or MySpace. Etc.
Looking for multimillion-dollar pay-off problems?
Yah. Skype's worked out real good for eBay. And MySpace was a great
investment for Newscorp. The writeoffs they've taken were all in the
plan, right?
I don't think MS put $124 million into 12% of Facebook so that they'd
make it back on a Google acquisition.
At least YouTube has advertising opportunities (albeit low) for
Google. What's Facebook got?
How does Facebook deliver a return to their investors? Or do investors
no longer care about getting their money back?
Jared
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