socialmedian: Put My Money on Myspace not Facebook | Kyle Lacy, Social Media

User-submitted headlines for this story

Clips

Put My Money on Myspace not Facebook | Kyle Lacy, Social Media - Indianapolis

Source: KyleLacy.com

Apr 09, 2009

Summary

Ahh… welcome back to the Myspace and Facebook debate. I love talking about the business models of social networks across the Internet.

I was reading a post from Edmund Lee at theBigMoney called Why Facebook Can’t Succeed (via alisa at socialized) and I found myself agreeing with Edmund on some of the community versus business aspects of his post. I have always been under the assumption that we were approaching another net explosion (circa 1999) because of the value of companies being placed on growth instead of revenue. It seems ridiculous to me and completely backward.

It is easy for the social media nerds of the world to bash the social networks (Myspace) that tend to be a little more “whoring” of their advertising. The truth of the matter is that users of Myspace tend to spend more time on the site compared to Facebook.

Comments (0)

Add Your Comment