Facebook WTF?

[NajdorfDefense]

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Isn't this the basic problem for social networking sites? To make lots of money they have to sell ads, and if they sell ads they will alienate their user base who will quickly migrate to a site with no ads?

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For the most part, I agree. If you don't provide any content I don't see why people won't migrate away like they did from friendster and every other social site going back to Geocities and theglobe.com.

It's possible they'll hit some self-sustaining mass of people at some point, but I wouldn't risk $10bn on it.

Also this article Fri was interesting:
http://online.wsj.com/article/SB1196...iews_days_only
'Myspace for millionaires'