Here are some of the links I previously spoke about in regards to social media sites not being profitable.  I note, when people find that these sites are not profitable, I am often met with surprise in lieu of all the buzz and media about them.  Buzz does not profit make.

YOU READER!  You yourself may not have thought of it – but facebook, youtube, yelp, tripadvisor, linkedin, twitter…. none of these powerful sites have proven the social media ad-model, nor been able to turn a profit.  I am not sure if I published these links already, but they are good for thought.  It is sort of ripped out of a previous yelp conversation, found (yes unfortunately on yelp) HERE.  It is a good thread about yelp.  I am not going to elucidate, but we might all agree that Fishbits X is one of the most thougthful, prolific yelpers out there (tongue firmly in cheek).  The below tracks some of the conversation about monetization and creating web 2.0 to actually be profitable, which it is not.

Cheers!

Kelleher from Wired.. his thoughts earlier last year:
https://www.wired.com/t…

A CNN / Fortune article about Facebook’s Number 2 being “the one” who can make it profitable:
https://money.cnn.com/2…

while facebook has money problems:
https://www.techcrunch….
“facebook headed for financial ruin?
https://www.marketingpi…

a good dollars and sense vs pageviews cut up of the issue:
https://okdork.com/2008…

And I think the AOL Yahoo thing brought out some interesting comments… especially from Randy Falco
https://gigaom.com/2008…

“But despite drawing large, engaged audiences, other social networks have not been able to make the experiences relevant to users and marketers alike.”

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