Original post made by Gary, Downtown North, on May 22, 2012
I understand Google and Amizon, but not Facebook.
I fully support free-market captialism, winners and losers. However I just don't get the Facebook model. How does chit-chat turn into ad revenues? GM pulled out, as they should have. Why would any business want to buy into the Facebook ad model? Is Facebook just building a database, then wants to go into viral marketing? If so, it will be behind the curve.