What Does it Mean When Social Media Companies Can’t Survive?
Direct Marketing Observations
OCTOBER 7, 2010
Both companies had traffic and users, and both applications were free, but the problem was, they could not figure out how to make a living off of a social utility. Sure we’ve had a ton of companies that have gone belly up , but what does it mean today? So why did they both decide to shut the doors? No revenues. Simple as that.
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