2,326 karma · joined April 27, 2010
Team - not your first rodeo, know how to win, subject matter experts. Focus - clearly stated value proposition. Dream - big market, big value. Plan of Attack - clear path to capture market share. Validation/ Traction - customers! Tech - solid, non-obvious, not easily replicable. (i.e. if your successful, someone else can't just hop into the market and eat your lunch). Use of proceeds - not just pay my salary, but grow this business. Next big milestone: profitability? another fund raise?
If you hit on these, then investors will want to put money in their favorite types of companies: the one's that don't look like they need it. ;)
So in the advertisers mind, search ads are literally orders of magnitude more effective than FB ads.
W/r/t FB as a business however, it's all well and good becuase, even at $.35 RPM, with billions of page views /day or month, the numbers start adding up pretty quickly. As long as they continue to crank billions of page views, justoptimizing the site to move from $.35 to, say, $.40 RPM will have a massive effect on the growth...provided they keep cranking the page views.