To justify its huge valuation, Facebook needs to monetize the data it has on its users. One idea is for Facebook to become the world's first information market - this is the topic of current poll. Please vote!
To justify its huge valuation of $70 billion (as of June 25),
Facebook needs to find ways to monetize the large amount of information it has on its users.
One interesting idea was proposed by
NYU Prof. Vasant Dhar -
Get Paid for Your Data on Facebook, who suggested that
Facebook create the world's first information market.
This market would pay Facebook users for permission to provide information to businesses looking to target their ads.
This poll is now closed, but here are the results of KDnuggets Poll:
Would you be willing to sell your data to Facebook, and if yes, at what price?
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