Just a question(maybe a stupid one,I don't know):
They all sell data,but who's buying all this data?
How do they make money?
71–75 of 75 posts
Re: How do they make money?
#72Earlier quoted context omitted.
Sorry to be redundant, but I REALLY want to stress on how annoying this is. A good alternative is to allow user to click elsewhere on the screen (other than the dialog) or press the escape key.
This is expected behavior in a lightbox style application.
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Re: How do they make money?
#73Hey All! This is Brian with O3 World. First, thanks for sharing all the feedback for the site. SEER Interactive and us are working to continually evolve the interface as well as enhance the data so it's as complete and accurate an experience as possible.
We just pushed an update with data and source corrections as well as the much requested ability to either click on the shaded background or press the escape key to dismiss the modals. Many more tweaks to come as the site evolves.
Happy surfing!
Re: How do they make money?
#74So... Groupon, which has already hitted the bottom and there are articles everywhere explaining how they are losing money, seems profitable. And Kickstarted, Grooveshark and Instagram which seem to be doing just fine, are not profitable... Somthing seems strange...(but I really wonder how Instagram makes money)
Groupon isn't going to give its (recent) investors a return on what they put in, but they've always been profitable ; their overheads are tiny, and they take 50% of the revenue from each deal for themselves. I have no idea how Grooveshark ever made or plans to make any money (heck, when I worked at last.fm we were celebrating our most successful year ever in which we'd only lost $1m. 5/6 of our income had come from a…
Groupon has over 10,000 employees, roughly 2.5 times as many as Facebook, more than Bing or Google Search, and a good 1/3 as many as Google had pre-Motorola-acquisition.
https://www.google.com/finance?q=NASDAQ%3AGRPN
They claim to make a modest profit this quarter (if their earnings don't get restated), but they operated at a loss for every previous quarter:
Re: How do they make money?
#75Earlier quoted context omitted.
Groupon isn't going to give its (recent) investors a return on what they put in, but they've always been profitable ; their overheads are tiny, and they take 50% of the revenue from each deal for themselves. I have no idea how Grooveshark ever made or plans to make any money (heck, when I worked at last.fm we were celebrating our most successful year ever in which we'd only lost $1m. 5/6 of our income had come from a…
I didn't know Kickstarter was a non-profit organization, I didn't find it on their website, would you mind pointing it to me? For Groupon, for me a profit is making more money than you spend and as you said they keep 50% of each deal but then they have to spend money to pay everything and also need a lot of advertisement. Therefore afaik they have no actual profit, which would mean returning money to the investors.
>I didn't know Kickstarter was a non-profit organization, I didn't find it on their website, would you mind pointing it to me?
I meant that was how I read the OP site. Seems like it's not true, in which case I don't understand what the site is actually saying about kickstarter.
>For Groupon, for me a profit is making more money than you spend and as you said they keep 50% of each deal but then they have to spend money to pay everything and also need a lot of advertisement. Therefore afaik they have no actual profit, which would mean returning money to the investors.
What I meant was I believe they're operating at a profit, but their stock price is collapsing because it was buoyed up by expectations of growth that hasn't materialized. So investors have lost a lot of money, even though the company's income exceeds its expenditure.