Pareto’s principle holds true everywhere. In April of 2011, 30% of videos on YouTube garnered 99% of views!
Facebook bought their domain name facebook.com from AboutFace Corporation in 2005 for $200,000. The site had originally run on thefacebook.com. Later in 2010, the social networking giant spent $8.5 million to buy FB.com from American Farm Bureau Federation. FB is how Facebook is referred to by web users! [more...]