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":"690c330e0f3fe1a3a1babcf940f3ed63","s":"b3e464806a586cf3"}