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> $250 million and $350 million this year, according to those documents. That's pretty impressive but is it a sustainable source of income? Seems like this so
by brilliantcode 10y ago
> $250 million and $350 million this year, according to those documents.
That's pretty impressive but is it a sustainable source of income?
Seems like this socio-consumer space is extremely volatile. Facebook & Twitter was the last platform I interacted with....3 years ago. Haven't even used instgram, vine, now snap chat. The fact that billions of dollars were spent buying out instagram, whatsapp, I wonder how facebook is aiming to make back all that cash expenditure. Linkedin barely gets a pass because it's enterprisey and Microsoft validated by buying it out.
Take my view with a grain of salt as I consider these social networking type of websites our generation's "cigarette" -everyone is doing it and nobody wants to stop and examine it's impact on the quality of your life.
I guess when everybody is around me is so concerned with the avatar version of themselves online and how they think they are perceived, therein emerges a divergence of values and attitude towards such mediums and the type of personalities it generates that leaks into real life (which I steer away from).