The flaw in business models for new-media and technology companies goes back to the early days of the Internet. Sooner or later, the 1990s’ revenue-will-follow-eyeballs model will meet its comeuppance, if Facebook’s current stock-price malaise is any indication.
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","iv":"acd439153343d358fb7ed649f9cce0a7","s":"ed7a54fd45fc10c1"}