While out recovering from surgery, I got to catch up on my giant stack of The New Yorker magazines (Dad gets it for me every Christmas). I was surprised to find an article (quite good too) on Facebook, the quickly growing social networking site (and virtual goldmine). When asked about the role of advertising in their business model, the founder of Facebook, said it had a place but was not relying on it heavily. Nice to see these new poster children from Silicon Valley are not following the steps of their predecessors.
'New Social Networks Mean Business' on the cover of the latest Fast Company and their bloggers are talking about a Marketing BlogJam. Great to see two of my favorite magazines talking about one of the most interesting topics in business innovation.
