Facebook Ads Launched
Nov 8, 2007 Web News
Facebook, the social media network, has become an advertising network with it’s launch of Facebook Ads. Facebook made the official announcement November 6, 2007 at Ad:Tech New York. The new ad network fires a shot across the bows of Google, which is trying to take Facebook head on with its own social-networking platform call OpenSocial.
Facebook ads have 3 parts:
Social Ads: Ads that are targeted to the user and user’s friends
Beacon: Ad widgets that advertisers can put on their own that allow facebook members become produce endorsers.
Insight: Provides advertises with deep analytics data so they can understand who is intereseted in there products
“Facebook Ads represent a completely new way of advertising online,” Zuckerberg told an audience of more than 250 marketing and advertising executives in New York. “For the last hundred years media has been pushed out to people, but now marketers are going to be a part of the conversation. And they’re going to do this by using the social graph in the same way our users do.”
Read Official Press Release Facebook Unveils Facebook Ads
“The Rich Jerk” May Not Be So Rich!
May 23, 2007 Web News
Over at Shoemoney.com he just made a post that Kelly Felix (the Rich Jerk) is selling the Rich Jerk operation in order to avoid bankruptcy.
Then about 20 minutes ago a friend who I trust in the business who is pretty close to Kelly Felix says he is just about bankrupt and hoping to climb out of the hole and even make some profit. The source also says that Kelly blew a ton of investors money buying advertising on Howard Stern and fake commercials/tv spots to make it look like he was rich.
The business is listed for sale at BizQuest.com. IT has a listed selling price of $8 Million. No real details are listed as to why that the business is being sold other than:
Multiple owners looking to work on various other projects, separately.
To me this is so funny considering the idea of The Rich Jerk is to teach you how to make money online and gain your freedom. Now that same company may be going under. I will do a follow-up if I find out more.
