Monday, October 26, 2009
Profits Made by Social Networking Companies
I would agree with their headline of: "At Least One Company is Making Money off of Social Networking".
I've seen the ads for this company's games on facebook too and it seems like they do put quite a bit into advertising. A lot of my friends are playing the game and it's showing up on my news feed all the time.
An old friend of mine is also part of a company that produces similar games and is enjoying quite a bit of success as well - being venture-funded and expanding into different geographic regions.
Very cool. Read the rest of the article here on Zynga.