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by dva 5757 days ago
False. Facebook is a billion dollar market driven by virtual good sales.
1 comments

Sorry, should have qualified that. "No one has figured out how to make money on the Internet except by making games that people will pay not to play[1], somehow managing to sell poorly-animated GIFs for a buck as 'birthday presents' [file under thanks-but-no-thanks], or advertising."

Also note that Facebook's only actual revenue stream is ads.

[1] http://mediacommons.futureofthebook.org/content/cultivated-p...

Facebook expects fees from credits transactions to be a significant revenue source.