"Nine months after having a mobile ad businessthat generates $0 per year, Facebook now has a mobile ad business generating $1 billion per year.
AND: Facebook hasn’t even started putting ads in Instagram yet, which now has 100 million registered users, up from 27 million when it bought it in April.
It’s funny: Mobile was supposed to be Facebook’s weakness. It’s not.”
Social Madness is a competition designed to identify the companies with the best social media skills. Bizjournal’s algorithm measures growth on Twitter, (your God) Facebook and LinkedIn, in addition to the votes on socialmadness.com. By September, three national champions will be crowned and we’ll make three $10,000 donations to charities that the winners designate. The the first cuts were made on June 18th. Then, in each of 43 metros where Social Madness is taking place, 24 companies (eight in each size category) will go into head-to-head elimination match ups. Weekly eliminations will continue until local champions move to the national phase in July.
I have to admit - it’s nice to see the small companies hold their own against the medium-sized companies.
More on Socialmadness here: http://www.bizjournals.com/socialmadness/