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by tibbon 5143 days ago
I agree with you. For all the startups that wanted to be the "Facebook of X"... if Facebook couldn't do it, why could they?
2 comments

Mos' def. They now have a reason to start looking at a revenue sources that aren't based on ads.

Every time I hear about a startup trying to shoe in an ad-based business model where you could make money selling directly or via high value intent-based referral fees to complementary businesses I cringe a bit. A lot of the time ads as a revenue stream are a total cop out that demonstrate a total lack of business sense an ability to spot value.

Google is successful in ads because they are a generalist intent capture platform. Unless your business also happens to capture generalist intent, you should be thinking about referral revenue based on focused intents.

I just thought we learned years ago that the ago model really wasn't a good one.
Facebook of B2B durable goods might be a good one to get it on.