Freemium and Freeconomics
This week we saw the release of Chris Anderson's book Free and reviews from the New Yorker (Malcolm Gladwell) and the Financial Times. I'd like to talk a bit about the firestorm that freeconomics (fed by Chris' book) has unleashed...
"Earlier this week, we spoke to several sources who each have some insight into Facebook's financials (none of them know precisely). Taking the sources' input together, we'd estimate the company's expected 2009 revenue this way: * $125 million from brand ads * $150 million from Facebook's ad deal with Microsoft * $75 million from virtual goods * $200 million from self-service ads. "When you succeed with Free, you are going to die by Free « blog maverick