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Y Combinator’s Young Startups Tout Revenue Over Users
"We’re seeing a new focus on people thinking about how they’re going to make money and build these big sustainable businesses. "It’s not just about how quickly you can attract a ton of users."
By Douglas MacMillan
Full Story: http://go.bloomberg.com/tech-deals/2012-08-22-y-combinators-young-startups-tout-revenue-over-users/
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Facebook stock decline shows Wall Street is wary of give-it-away-free approach
The dizzying stock decline of Facebook, a wealthy company with nearly a seventh of the world’s population as users, has revived a key debate of the Internet age: Can anyone get rich while giving their product away?
Investors have cut Facebook’s value nearly in half since the May public offering. One of its first outside investors, Peter Thiel, sold 20 million shares last week, deepening questions about how such a highflying technology icon could falter so quickly.
By Craig Timberg
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