“while it is easy to start a social network, it looks expensive to run a big one. Real assets need to be bought. Capital expenditures amounted to 30 per cent of revenues, or $1bn, at Facebook last year, and chewed up nearly half of revenues in the most recent quarter. Free cash flow return on assets is strong but Google’s is twice as high.” —
‘like’ Lex’s 2 fundamental questions …
First: will Facebook become a part of everything that happens on the internet rather
than just one digital tool among others?
Second: can Facebook change digital advertising as profoundly as Google has done in
the past decade?
Lex in depth: Facebook - FT.com
Must read article on “Facebook the stock – not Facebook the cultural phenomenon”
(via abnerg)
(via abnerg)
[video]
Irrespective of my opinion on the subject, what will the impact be should APIs prove copyrightable? It is likely to be extensive, cascading and a lesson in unintended consequences.
[video]
Simple Made Easy - Rich Hickey, author of Clojure.
Rich, emphasizes simplicity’s virtues over easiness’, showing that while many choose easiness they may end up with complexity, and the better way is to choose easiness along the simplicity path.
(Source: twitter.com)
I am not a code monkey: Dear Christine, I wish I shared your optimism -
Ever dream of forming the next Facebook, Google+ or LinkedIn? [Uhm…]
UI designer & back-end programmer - please be experienced, have an entrepreneurial mind-set, and most importantly, have time to code! [aka be my code monkey/bitch]
A new social network, that appeals to all who want…
