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":"6005ed184d6ae4bc98f830bbd4ff986b","s":"612ca5a1063700b4"}