Likelihood of Success

Ron Coleman’s pretty good blog

More on the Facebook fantasy

Posted by Ron Coleman on November 15, 2007

As predicted: No one but Microsoft, evidently, was buying into the $15 billion valuation in the last “funding” round. Silicon Alley Insider:

The joke was indeed on Microsoft.

Fonzy says it’s even worse than that.


One Response to “More on the Facebook fantasy”

  1. I’m too old for these social networking sites, but I’ve never quite figured out how anyone was going to make money off of them.

    They are extremely content rich – so need lots of hardware and broadband connections to keep up and running.

    So where’s the $$$ coming from to support all that?

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