Facebook ads are NOT the place to find money for your startup
Facebook ads are NOT the place to find money for your startup
by Bradley Joyce
Posted on 01/23/2009
Let's be clear about this.
Maybe you have seen this ad come up on your facebook page:
Sounds good right? Score a $25k loan with no collateral and fast approval... gee, I wonder what got us into this credit crunch in the first place.
Well, that ad takes you to this super high quality website:
That's it. That's the only page... still want the money? Didn't think so.
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<sarcasm>Hey, it must be legit -- it says it's "part of the gov't $1 billion stimulus plan."</sarcasm>
This is why Facebook does not make any money. Honestly, outside of this blog clicking on that link for this post, I cannot imagine why anyone would ever click through on that advertisement.
It's not to know our name and email and the data showing we're interested in entrepreneurship is worth a grand total of $2.00 to some affiliate and the network they represent.
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