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> Maybe I live in a bubble Correct. > Am I just COMPLETELY out of touch? Yes. > Even if it's the latter, aren't they near a saturation point by now? Once ev
by exolymph 9y ago
> Maybe I live in a bubble
Correct.
> Am I just COMPLETELY out of touch?
Yes.
> Even if it's the latter, aren't they near a saturation point by now? Once everybody's signed up, where's the growth come from?
New markets like India.
- adventured 9y ago> Once everybody's signed up, where's the growth come from? > New markets like India. Even without much further user expansion (such as via India), once 2 billion are signed up, that's when the real money starts pouring in. From zero to 2 billion monthly users, is nothing compared to how much money they'll print as they slowly climb from 2 billion to 2.5 billion or similar. From 0 to 2 billion over ~13 years, cumulative $15-16? billion in profit. Which is likely to be about what they earn just in 2017. Their money printing machine is just about to get interesting. With 2 billion users, Facebook can start pressing their monopoly in all sorts of lucrative directions if they see fit. They could buy up PayPal and Shopify, integrate them into the core Facebook platform, enable real ecommerce directly within Facebook, and go after Amazon etc with an attack more like Alibaba (no inventory, a platform that makes money via ads).