[SwellJoe]

There are a handful of companies in YC (aside from my own) that I would love to personally invest in (if I were in the position to invest). Weebly is definitely near the top of the list, and was from the first moment I saw it during Winter '07. They're totally pragmatic, and just get things done...not one information astronaut in the bunch.

And they work in that space where nobody wants to be: technology for newbies. A couple of folks in this thread are criticizing Weebly for the very things that make it so explosively successful. I'd advise anyone who thinks they're smarter than the Weebly folks to pause for a moment, and think about traffic, and what it means for there to be 1 million websites at Weebly. That's one million occasions where someone browsed to the site, filled out the form, and went through the process of creating a website. How many people have signed up for your web application? How many made it to actually using it to do real work? And how much money does your app make if you imagine 1% of those users being willing to pay you a monthly fee? When the number of people committed enough to create something with your site reaches a million, you almost can't not make money with it.

[marcus]

<cough> Facebook </cough>

[SwellJoe]

Facebook could make money. They've just opted to focus on other things...probably to the detriment of their long-term health as a company. But, they've decided that the network effects of having the most users is the most important thing for them, and they've put aside all other considerations. I don't for a second think Facebook is worth $15 billion (but maybe the ~$4 billion internal valuation that people within the company are getting for their shares when they sell privately).

But, Facebook is having to try pretty hard to outspend their incoming cash. They've hired very aggressively and made decisions that are more befitting a much larger/older company. I don't know enough to say if it'll all come crashing down...but it'd be possible to make Facebook make money tomorrow, if they laid off some of those hires and got as smart as Google about infrastructure.