mark zuckerberg gives dad biz advice... (look out for teh interns in bkgrd!)

[windjc]

So many jealous haters in this thread that know nothing about billion dollar companies or venture funding. Hey bprimeelite, what the fuck does "in the green" mean? Keep hating though, see where it gets you.

PS Amazon didn't turn a profit until 2002 when they were doing over a billion per quarter in sales :frenchman:. Oh, but it's those silly VCs remember, throwing money at a dumb idea that will never pay off. You know, because they have so much money to give away.

Comparing Amazon to Facebook? They are completely different. Amazon is PRODUCT driven. Facebook is social networking.

Amazon could more easily create a Facebook of itself than Facebook could create a Amazon of itself.

Lets look at another comparison, one thats at least somewhat relevant. Apple vs. Facebook. Both use the public to create apps that the public wants. Apple does this to make the IPhone and IAppStore more valuable and to revenue share with developers. Facebook does this to add more cool "free" stuff to their network.

Myspace is monetizing its network because it basically default branded itself into a "free for all" site. Facebook has branded itself as a kind, safe, white picket fence social network. And it can't turn a profit.

So tell me, where exactly is this "inevitable" windfall profit coming from?