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patio11
on Dec 20, 2008
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Digg's Miserable Business Model, Losing Millions o...
1. Collect an audience of rabidly anti-commercial poor adolescents.
2. Put up banner advertising.
3. ???
4. Profit
potatolicious
on Dec 21, 2008
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The same reason why I don't believe Facebook will ever reach real profitability - their primary audience is a bunch of poor, broke college students, not to mention ones who are generally anti-corporate.
Raphael
on Dec 21, 2008
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What about when they grow up?
redrobot5050
on Dec 22, 2008
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One analyst put it best: "Who the hell thought it was a good idea to try to monetize the space where someone publicly breaks up with their fiance?"
SteveC
on Dec 21, 2008
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That's when they realise they can't be wasting time on social networking websites thanks to the wife and kids.
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2. Put up banner advertising.
3. ???
4. Profit