Facebook to sell to Yahoo!
$1,000,000,000 is a lot of money. Are these communities worth it? I would love to be a fly in the negotiation room. I actually thing they are. The name of the game is audience. Facebook, MySpace, and YouTube all have a huge audience.
As I look at oppurtunities to experiment with ideas, the key to their success is to have readership and participation. This blog, which nobody reads, is not successful. Why? because nobody reads it. Why is Scoble successful? People read and participate.
I wish that I could sell the reciepe for successful online businesses. It would be all about encouraging millions users to your participate in your community. It probably would not be about cool ideas or bleeding edge technology, which is a soap box that I will spare you from. You? Is there anyone out there?