"At least they were selling something, what the heck is facebook selling?"
Advertising space to advertisers who want to reach thousands of dedicated Facebook surfers, most of whom are demographically appealing to those with things to sell.
Re:We didn't start the Fire (2.0)
by run4yourlives on Wednesday December 05, 2007 @01:10PM
(#86347)
Point taken, but make sure you get mine as well. Facebook isn't exactly a proven model by any means.
Given that most ads are clicked by new or casual site visitors, and that facebook basically destroys this notion by forcing login, they are certainly not a success - yet.
Pets.com failed because they figured they needed to be a huge company before they turned a profit, as was the fashion. If you launched a similar service today, you'd probably have a great little niche business.