A little business reality for you to think about and remember - Page 2 - GoFuckYourself.com

Barefootsies · 05-08-2010, 08:24 AM

Quote:

Originally Posted by dyna mo

it's more like <$2b they wanted, the actual offer was $750m. not chump change at all but far from $15b

True dat.

CarlosTheGaucho · 05-08-2010, 08:48 AM

Quote:

Originally Posted by dyna mo

this does not negate the fact that a business can be built up over the long term. to differentiate b/w *real world* businesses and *virtual* ones misses the point. was there brand awareness for harley-davidson in 1907? no.

What I meant is that the distribution \ reach \ relationship with the customer over the internet and distribution / reach / relationship with the customer in the regular world are different animals.

I'd even dare to say that Internet is not that much about building a relationship with the consumer, internet is about that short attention span. Use it, but better get ready cause it won't last too long.

It's anonymous, non personal, the true relationship is not there, it has no physical boundaries, you can check whatever you want to check in real time, you can do whatever you want to do in real time, pick whatever site or product you want to pick in real time...

Is there an online shop that always gave you a discount? Are you a customer for 5 years?

Yes, but now there's another shop that's going to give you another 25 pct. off, or there's a shady service where you can steal it if it can be digitalised, will you do it?

It's a short attention spam, how many url's did I browse today? I don't know. But it had to be at least hundreds in the past week.

dyna mo · 05-08-2010, 09:01 AM

Quote:

Originally Posted by CarlosTheGaucho

What I meant is that the distribution \ reach \ relationship with the customer over the internet and distribution / reach / relationship with the customer in the regular world are different animals.

I'd even dare to say that Internet is not that much about building a relationship with the consumer, internet is about that short attention span. Use it, but better get ready cause it won't last too long.

It's anonymous, non personal, the true relationship is not there, it has no physical boundaries, you can check whatever you want to check in real time, you can do whatever you want to do in real time, pick whatever site or product you want to pick in real time...

Is there an online shop that always gave you a discount? Are you a customer for 5 years?

Yes, but now there's another shop that's going to give you another 25 pct. off, or there's a shady service where you can steal it if it can be digitalised, will you do it?

It's a short attention spam, how many url's did I browse today? I don't know. But it had to be at least hundreds in the past week.

ahh, i see what you are driving at now. i don't disagree with this! but am unsure if it so cut&dry eh. i would hope that in a hundred years, there are some internet brands that have established themselves as thoroughly as some real world brands have over the same length of time.

i think also that my point is that people get caught up in believing they can create an instant brand with a multi-billion $$ valuation. this thread was going in that direction and that's what got me thinking about the comparison. it's not really good business sense to launch a company with the expectation that in 6 months it will be valued at 1.2b$ or whatever. those results are quite rare and could be considered lucky anomalies in any business atmosphere imo.

Paul Markham · 05-08-2010, 09:23 AM

It's hard to compare Facebook or Myspace with porn sites. In our sector of the market there are probably 100 to a 1,000 similar sites in most niches. When you invest the money and time in shooting that Twistys have you reduce the number of competitors and anyone wanting that level has a smaller selection.

Also in porn you're competing with the mentality that "the grass is always greener". So should we be looking at keeping him loyal to one site, knowing he will never do that unless we have something others don't have. Or should we keep him loyal to buying porn?

CarlosTheGaucho · 05-08-2010, 11:07 AM

Quote:

Originally Posted by dyna mo

ahh, i see what you are driving at now. i don't disagree with this! but am unsure if it so cut&dry eh. i would hope that in a hundred years, there are some internet brands that have established themselves as thoroughly as some real world brands have over the same length of time.

i think also that my point is that people get caught up in believing they can create an instant brand with a multi-billion $$ valuation. this thread was going in that direction and that's what got me thinking about the comparison. it's not really good business sense to launch a company with the expectation that in 6 months it will be valued at 1.2b$ or whatever. those results are quite rare and could be considered lucky anomalies in any business atmosphere imo.

Agree,

And the internet is practically only say 15 - 16 years old, I'm sure that's also the reason how some of those out of this world valuations can even happen.

I'm sure this will never happen in 20 years after some of those "investors" will actually have access to some empiric data regarding some of these over hyped models, it seems there's just a bubble after bubble going on on the internet, and it always bursts in no time.

But as long as there will be someone willing to invest into new facebooks and all kinds of "strategic acquisitions" - in real words meaning over hyped bullshit services that capture a mass of worthless audience ...good for them!

If I owned something like this I'd get rid of that and cash out immediately!

seeric · 05-08-2010, 11:25 AM

those mainstream companies consistently reinvent themselves with the times. they're very good at it.

dyna mo · 05-08-2010, 12:03 PM

Quote:

Originally Posted by seeric

those mainstream companies consistently reinvent themselves with the times. they're very good at it.

harley-davidson is the same- pushrod motors, simple suspension and heritage styling.

gold medal flour is unchanged

coca-cola is the same product sans the cocaine&sugar.

etc. et al

Konkan · 05-08-2010, 05:06 PM

Facebook sucks. Waiting for the new medium for gathering people. Will be much better when will be an adult section on it as well.

teomaxxx · 05-10-2010, 04:26 PM

Quote:

Originally Posted by Shap

Those are long established brands. My relationship with Coca Cola is now 30+ years. That's a long relationship. My relationship with Facebook 4 years old. Loyalty takes time to build. Very few online brands have very strong loyalty from their customers because of this.

good point.
how much did you paid in 30+ years to Coca Cola and how much did you paid or clicked on some stupid ad during your Facebook 4 years old experience?
while i think that at some point Facebook will be valuable company, they are still not worth 15bilions(except for microsoft or google) or what was the number for buyout....

Shap · 05-10-2010, 05:57 PM

The reality is fb makes major major $$$$

pstation · 02-03-2012, 12:20 AM

Quote:

Originally Posted by BestXXXPorn

And the Facebook guy is a fucking tool for not taking $15B for Facebook... You sure can tell a first time company owner from 4,000 miles away can't you? :P

Yup :P

8chr

Captain Kawaii · 02-03-2012, 12:24 AM

The interesting thing on the eve of the IPO, for me anyway, is that fb has stopped growing in developed countries for a number of reasons and has growth now primarily from third world and still developing countries. Thats gotta suck for advertisers counting on sales. PPC must be awesome but...

teomaxxx · 02-03-2012, 06:12 AM

Quote:

Originally Posted by pstation

Yup :P

8chr

Well, he is still not far from reality. Facebook guys cashed in this IPO only $5 billion.
The trick for higer market cap is to sold only few percent (5-15) from your company during IPO, so every "joe 6 pack" fund manager is going to chase it and you can value your company higher then.
Facebook learned this lesson from other social media IPOs. Of course, they could cashed up a bit more, definately more then 15 billions we were one and half year ago in this thread arguing against.
Read this: https://gfy.com/showthread.php?t=1055878

xanadu · 02-03-2012, 04:03 PM

for sure FB is not so fresh or exciting as it used to be. Many people use it less etc, but I cannot easily see in the near future the users starting all over again, creating profiles,adding again friends and family etc...

Will take much more time than Myspace to go down...

SZNY · 02-03-2012, 04:19 PM

Quote:

Originally Posted by xanadu

for sure FB is not so fresh or exciting as it used to be. Many people use it less etc, but I cannot easily see in the near future the users starting all over again, creating profiles,adding again friends and family etc...

Will take much more time than Myspace to go down...

The people behind FB will make it exciting again (they have to, especially with an upcoming IPO) and the number of new apps/games is growing by the day.

I saw somewhere that they are investigating to allow gambling on FB. The platform itself is perfect to monetize apps, services and goods.

Here some recent articles from Techcrunch. Cool thing is they dont have a backup policy since all is distributed file system so its running all in a cloud over various servers/storage devices.

Visualizing Facebook?s Media Storage: How Big Is 100 Petabytes?
http://techcrunch.com/2012/02/02/vis...100-petabytes/

Facebook Wants All Two Billion Internet Users, But Growth Rates Are Slowing
http://techcrunch.com/2012/02/01/fac...s-are-slowing/

05-08-2010, 09:23 AM	#54
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	It's hard to compare Facebook or Myspace with porn sites. In our sector of the market there are probably 100 to a 1,000 similar sites in most niches. When you invest the money and time in shooting that Twistys have you reduce the number of competitors and anyone wanting that level has a smaller selection. Also in porn you're competing with the mentality that "the grass is always greener". So should we be looking at keeping him loyal to one site, knowing he will never do that unless we have something others don't have. Or should we keep him loyal to buying porn? __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

05-08-2010, 05:06 PM	#58
Konkan Confirmed User Industry Role: Join Date: Jun 2008 Posts: 3,537	Facebook sucks. Waiting for the new medium for gathering people. Will be much better when will be an adult section on it as well. __________________ Only one affiliate program for Pussy and Cash

02-03-2012, 04:03 PM	#64
xanadu bot Industry Role: Join Date: Sep 2006 Location: Barcelona Posts: 997	for sure FB is not so fresh or exciting as it used to be. Many people use it less etc, but I cannot easily see in the near future the users starting all over again, creating profiles,adding again friends and family etc... Will take much more time than Myspace to go down... __________________ GFY Admin [email protected] https://linktr.ee/xxx

05-08-2010, 11:25 AM	#56
seeric .......... Industry Role: Join Date: Aug 2004 Location: .......... Posts: 41,917	those mainstream companies consistently reinvent themselves with the times. they're very good at it.

05-10-2010, 05:57 PM	#60
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	The reality is fb makes major major $$$$

02-03-2012, 12:24 AM	#62
Captain Kawaii So Fucking Banned Industry Role: Join Date: Oct 2007 Posts: 6,748	The interesting thing on the eve of the IPO, for me anyway, is that fb has stopped growing in developed countries for a number of reasons and has growth now primarily from third world and still developing countries. Thats gotta suck for advertisers counting on sales. PPC must be awesome but...