Sunday, April 11, 2010
Profitability in UGC/Social Media
One of the most interesting battles, to me, is in the social media tech field developers form a catchy idea before figuring out how to make any money on it. Twitter is making it's move now, despite push back. Is there a way to make social media profitable BEFORE you've invested years and millions of users though?
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In light of tommorow's discussion regarding online auctions, there's an article about local Online Auction Startup challenge to go global at: http://www.globalatlanta.com/article/23893/
ReplyDeleteIt's getting so popular even local government is getting involved:
http://www.signonsandiego.com/news/2010/apr/17/county-to-sell-85-properties-in-online-auction/