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I decided to experiment with what happens when I start liking stuff in Facebook. The result is basically that Facebook will then dump info about these things in my dashboard. 

I checked Facebook a few minutes ago and saw a scene from Dexter. I don’t normally watch TV shows as they’re aired because I prefer to watch the whole season when it’s finished. The scene in my dashboard revealed a character from the first season, effectively creating a spoiler for one of my favorite shows. This sucks. I can’t imagine Michael C Hall or Jennifer Carpenter would be so inconsiderate, but the people who want to sell the show obviously are.

I don’t want info about my favorite brands turning up in my social feeds. I want info from the people creating the brands. I follow Omar Rodriguez Lopez on Tumblr and love when one of his posts ends up in my Tumblr dashboard. I know it either came from him or someone at his label and they’re trying to share what he’s up to. Maybe he’s touring. Maybe he did an interview.

As I thought about these two different approaches, I realized I was comparing a TV show with a musician. Apples and oranges, but according to the world of social media, both are still fruit. When I get to enjoy a concert it’s because the musician is there performing right in front of me. When I watch a tv show, the actors aren’t there sharing the experience with me, they recorded the show months back and could be anywhere by the time the show airs.

It’s possible a tv show’s best bet for social interaction is to act as though the story is unfolding via their streams as the storyline is aired, but they risk ruining the experience for fans of the show that aren’t glued to their tv’s. They can’t really share a live experience and tv shows don’t tour the country, after all.

I decided to experiment with what happens when I start liking stuff in Facebook. The result is basically that Facebook will then dump info about these things in my dashboard.

I checked Facebook a few minutes ago and saw a scene from Dexter. I don’t normally watch TV shows as they’re aired because I prefer to watch the whole season when it’s finished. The scene in my dashboard revealed a character from the first season, effectively creating a spoiler for one of my favorite shows. This sucks. I can’t imagine Michael C Hall or Jennifer Carpenter would be so inconsiderate, but the people who want to sell the show obviously are.

I don’t want info about my favorite brands turning up in my social feeds. I want info from the people creating the brands. I follow Omar Rodriguez Lopez on Tumblr and love when one of his posts ends up in my Tumblr dashboard. I know it either came from him or someone at his label and they’re trying to share what he’s up to. Maybe he’s touring. Maybe he did an interview.

As I thought about these two different approaches, I realized I was comparing a TV show with a musician. Apples and oranges, but according to the world of social media, both are still fruit. When I get to enjoy a concert it’s because the musician is there performing right in front of me. When I watch a tv show, the actors aren’t there sharing the experience with me, they recorded the show months back and could be anywhere by the time the show airs.

It’s possible a tv show’s best bet for social interaction is to act as though the story is unfolding via their streams as the storyline is aired, but they risk ruining the experience for fans of the show that aren’t glued to their tv’s. They can’t really share a live experience and tv shows don’t tour the country, after all.

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Tagged with ideas, facebook,
Posted at 9:43 AM 05 August 2012

Facebook Reports Second Quarter 2012 Results

In the link above, we get to see the first quarterly earnings report from Facebook. Some interesting numbers are exposed.

First that pops out is that Facebook had 995m unique users monthly with 552m daily users. Over half of their users use the mobile clients. These are massive numbers.

The next thing that stands out to me is that 84% of their revenue comes from advertising, totaling $992m. They also claim to have data supporting the notion that their advertising campaigns work well. They specifically claim that 70% of their ad campaigns result in earning 3x, or more, than it cost to run the campaign. 50% returned 5x, or more.

They also made over a billion in revenue, which you can guess from the numbers above. Specifically, $1.2B. I’m not sure what they’re doing outside the GAAP, but the numbers in GAAP seem to suggest they’re spending more than they’re earning right now. The non-gaap, which I don’t know enough about, suggests they’re on a steady growth trajectory.

What are your thoughts?

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Tagged with facebook, financials,
Posted at 4:44 PM 26 July 2012