Monetization? No rush.

May 23rd, 2009

I enjoy reading these articles on the hunt for Facebook and Twitter revenue, purely for the comedic effect. Oh SURE, there’s no rush to make money…after all, they’re just trying to flip it in a few years, so let “monetization” be the next guy’s problem.

Truth be told, there is a little money being made…by the support network. The cloud computing firms that host the Facebook apps, the developers selling the Twitter iPhone apps. Unfortunately, it’s just ancillary income on the scale that Facebook and Twitter need to make to satisfy their cost of capital.

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