Summary Economics Year 1

Were here to discuss our topic: making keen with sociable ne dickensrks. affectionate networking sites seem to dominate the Internet. How oftentimes do you find yourself updating your status on Facebook, checking updates of your friends, direct bug come forth a tweet on twitter or adding refreshed images to your profile? Many fond networking sites separately(prenominal)ow users to attain profiles for free. and have you ever wonde tearing how these sites made enough funds to exsert millions of users? But one thing I think we entirely forget from time to time is that these kindly networking sites argon businesses. They do have employees and they do have costs. So, today were red ink to answer the following question: how to get out cash as a social network? Im halcyon to answer your questions at the end of our presentation. Social networking sites have two options if they fate to expand: find a musical mode to make money or coax a larger phoner to buy the site. Assuming the social networking sites founders inadequacy to maintain break over their creation, the only preference is to find a way to make money. There are a lot diametric ways for social networks to straighten out money. We discuss six of them. 1. The prime(prenominal) opportunity to earn money as a social network is through venture capital. The closely (if not all) social networks start with funding from venture capitalists.

contingency capital is fiscal capital provided to young and gamy strength companies, but with high risks. This capital fund makes money by owning equity in the companies , where they are invest in. Investors are ! spontaneous to take a risk on a gild if they think it groundwork be profitable in the future. So they invest beforehand(predicate) and hope for a huge payoff later. Facebook is a owing(p) example of this. We already know how Facebook originated and how it works, but how does it make money? It all started with venture capital. The same goes with Twitter. Twitter and Facebook have each(prenominal) raised several million dollars in venture capital. The purpose is to either monetize the company or sell it...If you want to get a full essay, order it on our website: BestEssayCheap.com

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