Originally Posted by
dave j gtt
i was meannig whos paying for facebooks upkeep. a 1000 member owners club is a hand full, and take some clever tip top work from the guy we all know as scoff. it was a pun!
Facebook is a huge company and potential worth stupid amounts of money (bebo was sold for £800m year), facebook gets sh*t load from advertising and selling all your data such as emails, it reads what you post and pass's that info on to marketing companies... Ie: we write about a Renault turbos on facebook, they will use a program to search what you type and pass that onto companies selling cars, car related products etc etc...
RTOC is a very small club, with a small budget compared to some of the big car forums, our income comes via membership fee's, our membership fees are spent on web mainence, hosting, club stock, club events and advertising etc.
Here’s what facebook etc is worth...
Facebook $11.5 billion
Zynga: $2.6 billion
Twitter $1.4 billion
LinkedIn: $1.3 billion
Linden Labs (Second Life): $383 million
Twitter was launched pubicly in 2006 and cost $100million to set up etc, so they have a growing business, and money to spend on excellent hosting, with excellent support etc.