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Managing innovation in facebook? - Algorithim007 - 04-15-2014 09:21 PM

How has Facebook evolved from nothing to a multimillion dollar organisation and how does it manage innovation creativity? I get Myspace but facebook??


- Steve - 04-15-2014 09:31 PM

A lot of internet business is dependant on perception and as Facebook has a large number of users, the idea is that it is worth a great deal of money. This is false, as a lot of sites involving advertising clicks will tell you, but it is like art or religion - as long as a large number of people believe that it is worth a lot, then it is.