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How Facebook Could Create a Revolution, Do Good, and Make Billions
Source: ReadWriteWeb
Jun 26, 2009


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Summary

Great bruising battles between powerful antagonists is good for media. It "sells papers," as we used to say, or "generates clicks", as we now say. When you mix in a love triangle and jilted lovers, well, the audience just goes wild. And Wired did a great job in its piece on Facebook, Google, and Microsoft: riveting stuff. But the thought that kept coming back to me is that Facebook's bravado, its "grand vision" talk, is what you would expect from a concept-level startup. Surely by now, about 6 years into its venture, Facebook should show some substance? It is time to deliver some real financial results. The concept-level talk is great for attracting capital and talent. Facebook has done that brilliantly. But the point of attracting capital and talent is to be able to generate financial results.


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Give It Time? Too Important to Rush?

Anybody who criticizes Facebook's financial results gets accused of being small-minded, of missing the point, of (gasp!) "not getting it." In digerati circles, not getting it is like having body odor. Facebook is changing the w

...Read the full article

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