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Will a social networking site giving up 70% of its ad revenue to its members be the next BIG thing?
10-15-2012, 09:07 PM
Post: #2
 
no, it likely won't be. Facebook still doesn't actually make money. Sure, it brings money in, but costs still outweigh profits.

so giving away 70% of what it brings in to begin with puts it in a deeper hole than its competitors.

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[] - blacksockbandit - 10-15-2012 09:07 PM

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