
Originally Posted by
BertR
so let's take an example.let's say zenzuu's income for a particular month was 1,000,000 (and this is no exaggeration considering the lucrative amount of money poured in by advertising). So 80% of that is 800,000. ZenZuu is now about 160,000-180,000 members. Let's just say 200,000.
that's the problem there, $1M ad revenue for 160 thousand members... that doesn't look right. if I were a big company and here's this up and coming social networking website which only has 160k members wanting me to get ads space, I would think twice.
MySpace has 270M users yet they only have monthly average of $70M this year on ads revenue (Q2 $233M, Q3 $210M). I don't think Zen Zuu has a $1M monthly ads revenue as of this moment. let's try to be realistic here.
However to make sure the accounting and securities section really work fine, the owner is spending his own 5,000 dollars for Oct. 15 payment.
his own $5,000? see, the $1M number your giving as an example is far from what it is in reality. why would the owner shell-out $5,000 if Zen Zuu is doing good in the ad revenue area.