Overheard in the pizzeria: Pre-adolescent business

Stephen Baker

I was eating a slice of pizza on a snowy afternoon in my suburb. A group of boys--I'd say there were seventh graders--was making a lot of noise at the next table. One of them said, out of the blue: "How does MySpace make money?"
"Advertising," another one said. "They put advertisements on the pages."
"They don't need money!" said a third. "It's just a Web page. I could set one up and it doesn't cost anything."
The kid who knew about advertising made the point that MySpace needs money to maintain the Web site, especially if millions of people are visiting it.
Then they started talking about YouTube, and one of them said that Google bought it for "one point seven million..."
"Billion," one of them says. "One point seven billion..."

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