Comments on: Dave Pell on Facebook’s Gift to Itself http://battellemedia.com/archives/2012/11/dave-pell-on-facebooks-gift-to-itself.php?utm_source=rss&utm_medium=rss&utm_campaign=dave-pell-on-facebooks-gift-to-itself Thoughts on the intersection of search, media, technology, and more. Thu, 23 May 2013 12:55:00 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: Drew Meyers http://battellemedia.com/archives/2012/11/dave-pell-on-facebooks-gift-to-itself.php#comment-31903 Drew Meyers Fri, 07 Dec 2012 00:14:00 +0000 http://battellemedia.com/?p=6927#comment-31903 They would be their own financial services company if they did this right -- and probably make way more money than they are making from their current clients. But I agree, it's not an easy market to enter. They would be their own financial services company if they did this right — and probably make way more money than they are making from their current clients. But I agree, it’s not an easy market to enter.

]]> By: johnbattelle http://battellemedia.com/archives/2012/11/dave-pell-on-facebooks-gift-to-itself.php#comment-31902 johnbattelle Fri, 07 Dec 2012 00:10:00 +0000 http://battellemedia.com/?p=6927#comment-31902 it's an area fraught with complications and conflict, I'd guess. I'm no expert here but some of Facebook's biggest clients are the financial services folks, and they'd really have to get this right to win….my guess is they buy their way in ... it’s an area fraught with complications and conflict, I’d guess. I’m no expert here but some of Facebook’s biggest clients are the financial services folks, and they’d really have to get this right to win….my guess is they buy their way in …

]]> By: Drew Meyers http://battellemedia.com/archives/2012/11/dave-pell-on-facebooks-gift-to-itself.php#comment-31901 Drew Meyers Fri, 07 Dec 2012 00:01:00 +0000 http://battellemedia.com/?p=6927#comment-31901 "But there are a couple things that would make its collection of personal data a whole lot more valuable: Your home address and your credit card number." My buddy and I were talking about this today at lunch actually. It is totally beyond me why FB hasn't launched a payments system already. That would literally print money overnight and, though it would take time, the downfall of Paypal would be inevitable. I believe all other revenue streams they are considering are peanuts compared to the payments opportunity. “But there are a couple things that would make its collection of personal data a whole lot more valuable: Your home address and your credit card number.”

My buddy and I were talking about this today at lunch actually. It is totally beyond me why FB hasn’t launched a payments system already. That would literally print money overnight and, though it would take time, the downfall of Paypal would be inevitable. I believe all other revenue streams they are considering are peanuts compared to the payments opportunity.

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