Wednesday, May 26, 2010

Facebook Not Completely Set on How It Will Use "Location"

Facebook CEO Mark Zuckerberg says his firm still is not exactly sure what it is going to do in the geo-location area, yet, and hasn't finished building the application.

Sometimes it is quite refreshing to hear influential CEOs frankly say they aren't completely sure how they will use an important feature, or what the business model might be. Perhaps that is a problem when a CEO "never" seems to have answers about such questions, but it is okay to figure it out and get it right, even if it sometimes takes a while.

Of course, it is less comforting when a firm does not basically have enough current revenue to fund current operations, but that isn't Facebook's problem.

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