Quote:
Originally Posted by slapass
I say 2010 sees the end of lets lose 100 mil a quarter to give people fun interactive websites. Myspace is dying, I see twitter as going that. I know "you" are making big cash there but they are not. I like and use facebook but I do not currently pay them for that priviledge so how are they making it?
One of these guys is going to hit the wall when they need to borrow again to keep going and that will be that.
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Facebook is on track to have 300 million in revenue this year and to be near profitable (with their US users booming perhaps even more then that). That is without really pushing ads (hell I hardly notice them). Some of these sites will take a hit though.