Should Facebook Be Tapping Users for Cash?
It hasn’t even been a month since Facebook founder Mark Zuckerberg told a German blog that growth, not monetization, was the priority for the social-networking site. In fact, he even went so far as to say that he didn’t see a revenue plan coming into play for three more years.
But now, as TechCrunch digs up info on Facebook’s financials, it appears that Facebook may not even make it to 2011 unless they can drum up more cash–either through an accelerated revenue model or more investment dollars before the entire global economy erodes further. In response, Facebook basically responds by telling VentureBeat that it’s doing just fine–thank you very much–while other sources say that something must be wrong with the Techcrunch calculator.
Recognizing that advertising on Facebook has offered “dismal” returns, some bloggers (Techmeme) are suggesting that maybe a subscription model–nothing too crazy, mind you–might be in order. At least one has said that the only thing holding Facebook back from imposing fees is a lack of guts.
