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Jeff Pulver, Vonage co-founder, on the evolution of social media and Facebook’s IPO.
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Well as the NASDAQ FaceBook IPO front continues many are left wondering what the future up based look at really social media as a whole will be.
Can FaceBook sustain its business model -- innovating more importantly can continue to create or revenue jamming out co-founder of -- -- now chairman of pull over dot com Jeff pulled her -- watching social media so closely.
With a unified that it became part of me about six years ago -- at winning at exactly -- -- You're the entrepreneur there very creative product so when violence is happening to start thinking about ways that do what could disrupt -- -- -- change the way people connect.
And communicated turned out to be instant messaging when your voice went to -- -- -- -- this presents.
And understanding things about people -- and the back channels always fascinating to me so I made them do this with -- just for the transition from voice over IP.
To social media both -- -- Twitter.
OK so here we go face but it's beaten.
Kind of headliner social media site obviously.
The IPO was a disaster buyout in the -- we're asking okay but the problem is the revenue so that's where I was going with this question it's got some challenges had -- unfolding.
I think the future for -- for FaceBook has certainly been written.
And the real of the business funnels of being pushed on the FaceBook right now I would on the so -- what's gonna happen.
There's hope that is what a -- like economy happening today where businesses are faith forcing people to like their pages in order for them to be seen.
Is that sustainable we'll find out in in terms of what really happens though this is the big the bigger issue the trillion dollar question.
Is what happens when brands become human in our brands ready today that you have humans but in -- they're humans behind -- -- -- can no -- the brand.
You have a press release are logo now as a person if you don't social does matter if you're big or small -- -- -- Kenny.
In other words GM for example have to worry about people twittering or face looking something negative about the or just go viral or what about the brand actually having feelings -- expressing themselves and what if somebody.
So connects to them and is now back channel also -- that -- -- is connected to these brands.
Now we're back -- into the company and so we haven't figured things out yet.
I believe though what you will see our great business models -- will evolve based on the rise humanity in sort of social.
Jeff -- -- -- we got backed up -- one breaking news this hour I hope you'll come back and we can do another status of the report card check if you will of the social media industry -- to OK thanks again to I think you get afternoon thank you.
All right coming up tonight on money Karl Rove joins -- did you -- that what about Hillary Clinton for Treasury Secretary we're gonna talk about that.
We've also got someone from the American bakers association for my favorite statement disagree with me you normally rain but yet her a lot of friction that's -- --
