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Re:Goldman docs: Facebook income $355m, revenue $1.2bn (firs... by michaelchisari on Thursday January 06, 2011 @06:45PM (#2077859)
Advertising is a reasonable funding model, but when the expectations are unreasonable, then people will question whether advertising can be an unreasonable funding model, in the sense of positive returns.
Re:Goldman docs: Facebook income $355m, revenue $1.2bn (firs... by nl on Thursday January 06, 2011 @07:14PM (#2077936)
I've sort-of replied to this here: http://news.ycombinator.com/item?id=2077931

Basically, I think there expectations aren't as unreasonable as the large numbers seem to imply.