Jul 6, 2009

Facebook learning from the Myspace debacle

Mark Zukerberg feels that if he pushes the throttle on facebook advertiing sales he can pile up a revenue of atleast a billion. But he feels this is not the time to make money but to garner market share.

Citing an example of twitter he says that although twitter doesnt make any money but they are going in the right direction also he said that "MySpace focussed too much on selling advertisements -- to contribute to News Corp's bottom line -- and not enough on developing the platform, leaving room for Facebook to come in and take market share, they said".

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