2 ms·
I view it as an AND/OR 1) It dominates advertising for the long future AND ( 2a) It's discount rate (US govt borrowing rate plus a risk premium) is very lo
by mathattack 11y ago
I view it as an AND/OR
1) It dominates advertising for the long future
AND
(
2a) It's discount rate (US govt borrowing rate plus a risk premium) is very low
OR
2b) It finds another way to make money
)
Facebook's main advantage is a treasure trove of real data about real people, who use their real names.