My name is Cédric Bozzi, I make apps and websites, and this is my tech blog — you’ll find news commentary here, from a very opinionated Mac-head.
Il y a une version française ici, but most of this blog’s contents are extracted from my Twitter feed, and hence only available in one language (which varies randomly).
A rule of thumb Valley insiders use is that adding a million users to a site like Facebook requires $1 million in capital. That means Facebook should be spending roughly $5 million a week on servers and other computing infrastructure. From what’s understood about its finances, Facebook is not covering the cost of its operations, let alone generating enough profit to pay for capital investments.
I want to get out of that industry.
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