Eugene David ...The One-Minute Pundit |
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Thursday, February 23, 2006
Math -- the RUPERT!!!!!!!!!!!!!!!!!!!!!!!! way:
"They're promoting the number that is most advantageous for them to promote, but the simple fact is that only a fraction of the registered users ever go back," said Elliot. "And only a fraction of them use the site on any kind of regular basis, and then another fraction of them are responsible for the traffic." And a fraction of a fraction of a fraction is worth -- $580 MILLION!!!!!!!!!!!!!!! Part of what killed Friendster according to Elliot, was its own success. Once everyone knew about it, no one wanted to hang out there. Yogi Berra was right. (Via IWantMedia.com)
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