Predictions holds true: "Facebook is a Ponzi Scheme"

Re:Predictions holds true: "Facebook is a Ponzi Scheme" by mikeryan on Thursday May 17, 2012 @02:57PM (#3988481)

If I had to guess I'd say a very large portion of Google Ad Words revenue is made up of Funny Shirts. Or San Francisco Dog Walkers or Faucet Sales in Portland.

You're digging yourself into a hole with this position. Very successful advertising businesses are built on small niche advertisers. (valpak anyone?)

The question for Facebook is whether there's enough of these successful advertisers to make a 100B business.

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Re:Predictions holds true: "Facebook is a Ponzi Scheme" by jonknee on Thursday May 17, 2012 @03:09PM (#3988536)

Because you go to Google when you want a dog walker or new faucet, you don't go to Facebook.

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Re:Predictions holds true: "Facebook is a Ponzi Scheme" by roc on Thursday May 17, 2012 @03:13PM (#3988559)

You don't really have to guess. Last I saw something like 15% of Facebook revenue was Zynga-related. So it's likely they're truly worth a quarter of their current valuation or so, on the basis of funny t-shirts and social gaming writ large.

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Re:Predictions holds true: "Facebook is a Ponzi Scheme" by ryanholiday on Thursday May 17, 2012 @03:11PM (#3988549)

Jonkee is right. Intent to purchase is the difference

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