5 ms·

I think you underestimate the scale of Facebook to be honest. It's MASSIVE.

by onedev 11y ago

jgalt212 11y ago
I think you may be underestimating the amount of facebook attrition over the past 3-4 years.
- hk__2 11y ago
  Do you have any data on that?
  - civilian 11y ago
    He doesn't. Here's some data. June 2015 averaged 968mil daily active users. From their quarterly report: http://investor.fb.com/releasedetail.cfm?ReleaseID=924562 http://investor.fb.com/releasedetail.cfm?ReleaseID=924562 And quarterly reports aren't something you add marketing lies to.
    - jgalt212 11y ago
      ok, well, let's attack this problem from another angle using the data you cite. 968 mil customers, $4.04 Billion in revenue. That makes $4.18 in revenue per customer for the quarter. You'd be hard pressed to name another going concern even 1/10th of facebook's size with such low rev/customer numbers. So what's wrong? They are either miscounting customers, or they are horrendously bad at achieving any non-trivial revenue on a per customer basis.
      - onedev 11y ago
        I can promise you that in developed countries, revenue generated per user is much much higher. For example in the United States in 2014 it was ~$9 (and growing). When undeveloped countries start developing faster, revenue per user per year will rise sharply in those regions as well, thus increasing Facebook's overall revenue significantly. That's why both Google and Facebook are focusing heavily on getting internet to 3rd world countries. This is a long term game and they are winning.
        jgalt212 11y ago
        > When undeveloped countries start developing faster But will they? If you look at G-7 vs non G-7 markets over any reasonable time frame, what evidence makes you expect that non G-7 revenues will come anywhere close to G-7 revenues on a per customer basis? And given how stringent the EU is on privacy concerns, perhaps EU revenues will forever remain significantly lower than US revenues on a per-customer basis.
      - civilian 11y ago
        I don't understand how FB revenue per customer relates to your original issue? "Let's attack this problem"--- what's the problem? Are you saying that facebook user attrition is lowering revenue per customer, even though they're still logging? --- going off topic: From your responses, you're definitely intelligent. But you're not using that intelligence to seek truth, you're just doing your best to tear down facebook. I'm sure it works in your other social circles, but we can tell what you're doing and that's where the downvotes are coming from. And it makes me sad that a fellow libertarian is not being nuanced and holistic in their thinking.
        jgalt212 11y ago
        > you're just doing your best to tear down facebook not exactly, just trying to tear down the PR BS that they are feeding world, and people are accepting as truth.

I think you underestimate the scale of Facebook to be honest. It's MASSIVE.

by onedev 11y ago

I think you underestimate the scale of Facebook to be honest. It's MASSIVE.

jgalt212 11y ago

I think you may be underestimating the amount of facebook attrition over the past 3-4 years.

hk__2 11y ago
Do you have any data on that?
- civilian 11y ago
  He doesn't. Here's some data. June 2015 averaged 968mil daily active users. From their quarterly report: http://investor.fb.com/releasedetail.cfm?ReleaseID=924562 http://investor.fb.com/releasedetail.cfm?ReleaseID=924562 And quarterly reports aren't something you add marketing lies to.
  - jgalt212 11y ago
    ok, well, let's attack this problem from another angle using the data you cite. 968 mil customers, $4.04 Billion in revenue. That makes $4.18 in revenue per customer for the quarter. You'd be hard pressed to name another going concern even 1/10th of facebook's size with such low rev/customer numbers. So what's wrong? They are either miscounting customers, or they are horrendously bad at achieving any non-trivial revenue on a per customer basis.
    - onedev 11y ago
      I can promise you that in developed countries, revenue generated per user is much much higher. For example in the United States in 2014 it was ~$9 (and growing). When undeveloped countries start developing faster, revenue per user per year will rise sharply in those regions as well, thus increasing Facebook's overall revenue significantly. That's why both Google and Facebook are focusing heavily on getting internet to 3rd world countries. This is a long term game and they are winning.
      - jgalt212 11y ago
        > When undeveloped countries start developing faster But will they? If you look at G-7 vs non G-7 markets over any reasonable time frame, what evidence makes you expect that non G-7 revenues will come anywhere close to G-7 revenues on a per customer basis? And given how stringent the EU is on privacy concerns, perhaps EU revenues will forever remain significantly lower than US revenues on a per-customer basis.
    - civilian 11y ago
      I don't understand how FB revenue per customer relates to your original issue? "Let's attack this problem"--- what's the problem? Are you saying that facebook user attrition is lowering revenue per customer, even though they're still logging? --- going off topic: From your responses, you're definitely intelligent. But you're not using that intelligence to seek truth, you're just doing your best to tear down facebook. I'm sure it works in your other social circles, but we can tell what you're doing and that's where the downvotes are coming from. And it makes me sad that a fellow libertarian is not being nuanced and holistic in their thinking.
      - jgalt212 11y ago
        > you're just doing your best to tear down facebook not exactly, just trying to tear down the PR BS that they are feeding world, and people are accepting as truth.