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Until we talk again, please remember: sharing isn’t a mouse click, friendship isn’t the vacant observation of timelines, and digital soapboxes only serve to drive us further apart.
— Money, meet mouth - Blog - jxpx777.com—Personal website of Jamie Phelps
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Today Facebook has NO revenues from mobile. None. That’s amazing, since so many people, hundreds of millions of us, use Facebook on mobile clients.
That will change very quickly after the IPO. Instagram will play a huge role here, plus Facebook gets a very talented mobile development team that has built world-leading mobile apps on iOS and Android (which got a million users in its first day).
Let’s say that Facebook can turn on monetization on mobile clients. That could mean $500 million in revenue on first quarter, $700 on second, $900–$1 billion on third. Looking at it this way paying a billion for Instagram makes a LOT of sense.
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Interesting perspective on Facebook and Instagram from Robert Scoble (on Quora no less).
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The Yahoo comparison makes sense the way Elgan constructs it, but I think it’s more apt to say that Facebook’s goal has been to be the new AOL. “Walled garden” is a phrase that gets batted about a lot with regard to the Big Fruit, but Apple rarely builds services that you’re forced to use in lieu of interoperable standards. Facebook has little interest in building anything but.
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Coyote Tracks: Why Facebook is the New Yahoo
I don’t agree with Elgan, it seems like a very stretched and somewhat fallacious comparison right now but I love this gem from Watts Martin. It feels like Facebook is trying so hard to look ‘open’ with all their apps, API’s and login systems but I almost always end up at Facebook rather than departing it.
(Source: chipotle)
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Flirt is a nice looking new Facebook client for OS X. I’m a pretty light Facebook user and I don’t need this kind of power so I haven’t taken it for a spin yet. However, I really admire Falkor for having the guts to go for what we might now call a premiumly priced social app.
Bravo guys, I hope there are enough interested users will acknowledge all the handwork that goes into a lovely crafted application.
They have a trial available and you can buy it on the Mac App Store
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Some chronic Facebook surfers experience greater feelings of both loneliness and narcissism, because the website reportedly “gratifies the narcissistic individuals need to engage in self-promoting and superficial behavior,” according to researchers at Australia’s Royal Melbourne Institute of Technology.
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Makes sense. However, of the narcissists I know, none are active on Facebook.
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Why I would do this is easy. I connect to more people through Twitter than I do through Facebook. The people I connect with through Twitter ask nothing of me other than that I tweet at them. They don’t tweet back, nor do I want them to. If I wanted that I’d try to friend them on Facebook, which is by definition a bidirectional medium. Twitter is a broadcast medium and, as such, has value similar to radio, TV, or publishing.
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This reminds me of an article I read recently about the ever-escalating rate of illiteracy in America. It makes you wonder how these people ever make it down the street alive, much less how they are able to log into Facebook.
