Raja Jasti’s Blog - Renaissance Thinking

June 22, 2010

Facebook Platform

Filed under: Business, Internet, Technology — Raja @ 6:33 pm

Facebook now makes around $1B per year in revenues. So does Zynga which develops social games on platforms such as Facebook. I would say Facebook has become a solid platform worth devloping for without too much of a platform risk.

It is extremely risky for companies to build on platforms that are still searching for business model (read twitter). I am not saying that companies can not be successful building twitter based products and services. At this moment it comes with a lot of risk. Facebook platform has significantly reduced its platform risk.

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