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GM and Ford Highlight Facebook's Challenges, Opportunities

Harvard Business Review

Shortly before Facebook's turbulent IPO, GM announced that it was pulling its $10 million advertising budget from Facebook. GM lost the ability to demonstrate leadership in a time where the advertising and automotive industries are flailing. Controversy erupted. Accusations ensued. Facebook is not without fault however.

article thumbnail

GM and Ford Highlight Facebook's Challenges, Opportunities

Harvard Business Review

Shortly before Facebook's turbulent IPO, GM announced that it was pulling its $10 million advertising budget from Facebook. GM lost the ability to demonstrate leadership in a time where the advertising and automotive industries are flailing. Controversy erupted. Accusations ensued. Facebook is not without fault however.