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by il
6293 days ago
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More specifically:
skype-profitable, but hemorrhaging money for ebay, ebay $1B in the hole
facebook-not profitable, needs new investment
youtube - not profitable, hemorrhaging money for google
digg - not profitable, can't find a buyer
reddit- acquired for a pittance, can't find advertisers
delicious- don't know See a pattern here? Other than the big search engines, I can't think of very many startups that are cash flow positive. Unless you're selling something or licensing, simple mathematics will tell you it's very hard to make millions from ad revenue alone. |
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