Monday, August 13, 2012

Facebook's Financial Woes Are Unnecessary

Image representing Facebook as depicted in Cru...
Image via CrunchBase

LinkedIn makes a ton of money off of your resume there even when you don't log in for weeks, months. Because your resume is data. Facebook has a larger user base, a more engaged user base. It is constantly collecting data. But it is not monetizing it like LinkedIn is monetizing it.

Facebook's monetization so far has been like if Google had run banner ads like Yahoo back in 2002. That would have been such a dud.

The top mobile app on all smartphone and tablet platforms - Facebook - struggles with mobile. That's pathetic. The top site to collect data on human behavior struggles with monetization. That's pathetic.

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