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Industry News

Do people really equal profits?

USA Today - May 12, 2008

Great article in USA Today about the challenge for social networks to turn users into profiles. With online ad spending is predicted to be a $50 billion market this year – advertisers are looking for the best avenues for investment. However, the standing challenge is that no social network to date has been able to perfect a system that is has proven success and metrics. David Carlick, a partner at Vantage Point Venture Partners enforced this need – “There needs to be an Adwords for (social networks).”