03 Nov, 2008
Radical idea: Facebook should charge for its services
Posted by: Esme Vos In: Business models| Consumer Internet| social networks
According to Techcrunch, Facebook’s growth and the costs associated with it will soon require the company to go back to its investors for money. The earlier investors had hoped that, by now, Facebook would have already gone public or at least, be on the road to an IPO. Alas, the financial crisis beat them to the finish line. So no IPO for now. What to do to cover its costs? An article on Slate suggests that Facebook charge money for its services. While there should always be a free membership, they can charge people who want to have more friends or use more of the Facebook services. Indeed, business networking sites like XING already so this so it’s nothing new.
What do you think?
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