Better off working at Starbucks rather than building most social networks

We see a lot of business plans for social networks in our company and this summary is absolutely bang-on.

“Peanut Labs CEO Murtaza Hussein said today: ‘The CPMs are so low it’s really hard to build a real business unless you have several billion page views and your own sales team.'”

I’m glad somebody is telling the truth around here.

Have a real market, real sponsors, and a real sales team or don’t waste your time or the time of your investors and staff.