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FMyLife.com Business Model
Is anybody familiar with how social blog sites like FMyLife.com or TextsFromLastNight.com make money?
I have a good domain name that I think would occupy a previously untapped niche, that could fit the social blog business model. I am just not sure whether its worth it or not.
What are the bandwith costs like, considering it's mostly all text?
How much money can be made of ads, considering ad revenues have been on the decline?
I would appreciate any and all input.
Thanks guys!
Nick
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