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Marc Andreessen On Facebook’s Monetization Plans: Successful Companies Defer Gratification

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http://techcrunch.com – There’s lots of criticism going around about Facebook’s monetization strategy, and in a similar vein, like it’s pretty common to criticize startups that grow without worrying about revenue. But venture capitalist and Facebook board member Marc Andreessen said today that’s looking at things the wrong way. In fact, he argued that what great companies have one thing in common — “a willingness to defer gratification.” Andreessen, along with Sheryl Sandberg, was interviewed on-stage by Charlie Rose at the IAB MIXX advertising conference. He said it’s comm (IT news)

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Submitted by qq124 on 10/02/2012

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