Where will all the friends go when Facebook runs out of cash?
Web Guild puts it bluntly:
Facebook has been forced to approach Middle Eastern sovereign wealth funds for emergency funding
Isn’t that what Micheal Jackson had to do too??
With this looming downfall knocking on heaven’s door, what will the Zucker do? Call his sister. That’s right. Marketing wiz Randi Zuckerberg will save Facebook. The plan? Sell off all your your personal demographics and data to the highest bidder.
C’mon. You shouldn’t mind – after all, we’re in a “severe economic downturn!” Everybody has to chip in!
Categories: Business, Media, Pirates facebook-cash-crunch, selling-personal-data, the-zuckers, web-guild
omg – will it be renamed al-Qa’Book?
At this point, enough people are addicted to CrackBook (myself included) that a substantial number of people would probably pay a few bucks a month for their account. Problem solved! “getting people to adopt” via the ad supported freemium model is no longer necessary. They own everyone’s brain already. Time to have a basic free version and a paid “socialite” version.
You’re probably right, Craig. This would be similar to Jimmy Wales plea to Wikipedia users.
Even a buck per user would be huge for Facebook!