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  1. #1
    ABW Ambassador
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    "No More Smoke and Mirrors"
    # Corp.'s struggles with MySpace and recent reshuffling of its interactive unit.
    # Google's inability to find a revenue stream beyond AdSense. (Disclosure, Altucher is currently short Google.)
    # Microsoft's 15-years of online futility and Yahoo's more recent stumbles.
    # The absence of profits - or a clear path to get them -- for "hot" Web 2.0 sites like Facebook and Twitter.

    Yahoo!

  2. #2
    ABW Ambassador Joshua's Avatar
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    If an analyst doesn't even know that DoubleClick or Google Affiliate exists, I don't trust any recommendations...

    As for his comment on Facebook, Facebook does have significant revenues from ads, but since they're a private company, of course no information on profits is released. Facebook, unlike Twitter, has revenue and a plan.

  3. #3
    ABW Ambassador
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    Facebook had some info released last year - http://technology.timesonline.co.uk/...cle3289054.ece

    Twitter has plans to roll out some commercial accounts - http://digital.venturebeat.com/2009/...er-stone-says/

    I know YouTube is projected to lose something like 500 million this year.

  4. #4
    Newbie DressesByDaisy's Avatar
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    February 10th, 2009
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    Quote Originally Posted by Joshua
    If an analyst doesn't even know that DoubleClick or Google Affiliate exists, I don't trust any recommendations...

    As for his comment on Facebook, Facebook does have significant revenues from ads, but since they're a private company, of course no information on profits is released. Facebook, unlike Twitter, has revenue and a plan.
    I recently was at a gathering on Long Island where I was chatting by the pool with an analyst who is on TV quite often. I told him that I had some websites, when he asked what I did. He decided to impress me with his knowledge of the internet economy with a long winded assessment of G that actually was nothing but a bunch of buzz words and phrases. As my patience wore thin, I decided to play stupid and asked "How does G make its money? Where do the billions come from every month?".
    He didn't miss a beat and said, "An internet consortium pays them for every search and they make some money from advertising."
    I was so embarassed for the guy that I made an excuse and left to talk to others.

    I've already seen him on TV this morning being touted as an expert on the Disney/Marvel deal.

    "An internet consortium pays them for every search." I cringe even from typing that. I listened to this guys advice for years. UGH!

  5. #5
    Moderator PDXreader's Avatar
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    Internet Consortium FTW!

  6. #6
    Moderator PDXreader's Avatar
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    February 24th, 2009
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    Please don't mention us again.

    Sincerely,
    The Internet Consortium

  7. #7
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    "An internet consortium pays them for every search."

    That is how Google explains Adwords to the clueless.

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