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I'm old enough to remember when people appreciated the great search results of Google, but wondered how they would make money with a search engine. After all, everyone knew search engines didn't make money--that's why Excite and Altavista were pursing content portal strategies.

I don't know how Facebook will make big money, and maybe they don't yet know, but I think it's hard to bet against assets like 1 billion users and more time on site than anyone else.




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