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- Maria Droujkova <droujkova@gmail.com> Apr 09 06:01PM -0400 ^
Suresh,
Last I checked, Twitter, Facebook and LinkedIn weren't actually making
money. The situation may have changed by now, but it's something to consider
while using them as business model examples ;-)
Cheers,
Maria Droujkova
http://www.naturalmath.com
Make math your own, to make your own math.
On Tue, Apr 6, 2010 at 2:55 PM, Suresh Fernando <
- Suresh Fernando <suresh@radical-inclusion.com> Apr 09 03:11PM -0700 ^
They may not be currently making money but that's simply because they are
more focused on scaling participation than making money.
They could all very easily make tons of money by charging nominal fees. For
example, if Facebook decided to charge members $1/month. They might lose
half their membership of 400 million, but that would still leave them with
revenues of $200 million/month.
*
They are, without question, examples of successful business models*
The funders who finance these platforms don't care that they are not making
money currently because they realize that there are a zillion ways of
monetizing a platform that has a billion people on it – as facebook will
have in a few years….
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