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Valleywag made up a quote from me. what else is new?
i will repost the vallyewag quote below. they attribute a quote to me that is untrue. note that they added [facebook] to a quote that was referring to the SGN guy TJ's statement in which he claimed that app developers could make good revenue as he does off of cpm ads. i did say 'with all due respect, that's bullshit'. and when he said they could get higher cpm's using social ads, i said that was bullshit too.
i never said that facebook couldnt make money on its social ads. i am the biggest fan of facebook on the planet and am incredibly grateful to that company for the amazing opportunity they have enabled for us all as well as their users.
its unfortunate that valleywag chooses to take such an unethical approach to their journalism but none of us should be shocked. this misquote is unethical at best and illegal (libel) at worst. none of us have the time to bother defending ourselves the way we should.
"VideoEgg is the bait and switch. CPM is bullshit, and [Facebook's] Social Ads are bullshit," said Mark Pincus during a panel on Facebook applications at the annual Game Developer's Conference.
February 19, 2008 | Permalink
Comments
Mark - I probably should back off at this point, but since you brought me up in the response to the Tech Crunch article I am now involved. This live blog from the panel has that same quote, pretty much right on.
http://www.virtualworldsnews.com/2008/02/liveblogging-10.html
Posted by: Zach Allia | Feb 20, 2008 12:39:57 AM
Hey Mark.. love to understand the issues you have with us, if any... feel free to email me and we can have a conversation.
we met briefly in Hawaii at hornick's event. be good to connect.
Posted by: troy | Feb 21, 2008 12:09:34 AM
Mark,
get over yourself...and stop talking down your competition...history has a habit of biting you in the ass.
Posted by: Derek | Feb 21, 2008 7:12:09 PM
The misquote was that [Facebook] social ads were bullshit, and in the live blog post he's referring to those ad networks not making money, not FB as a whole.
Speaking of monetization, Mark, why did you take down those links to the fulltilt landing page? Was it really converting horribly, or was it some kind of "terms and conditions" pressure that prevented you sending them traffic? How many click throughs and conversions were you actually getting? Toss me an email when you get a chance, zkinion@gmail.com
Posted by: Zak Kinion | Feb 28, 2008 3:24:13 PM
