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Actually Facebook is not "cat pictures." It's a very efficient advertising engine the same way Google is. Similarly to Google (whose revenue is dominated by sea
by kajecounterhack 9y ago
Actually Facebook is not "cat pictures." It's a very efficient advertising engine the same way Google is. Similarly to Google (whose revenue is dominated by search ads), Facebook has feeds straight to consumers as well as valuable information about what the consumers are interested in. That's what makes money. Instagram, News Feed, Facebook News --> these are Facebook's Google Search & YouTube.
When you look at the numbers you'll see that they're actually similar companies who've monopolized segments of the digital advertising space. If you're going to complain about Facebook's market cap then you should also complain about Google.
Facebook's even got "other bets" -- Oculus, Workplace, WhatsApp, etc.
- 2close4comfort 9y agoAdvertising that you as the product have to opt into! Google is at least providing a service/product they give you a shiny something while they siphon your data. I think FB is pretty straight forward they take ALL of your information that you are willing to give up and they sell it. repeatedly. without conscience. for the money. If people stopped sharing or looking where would FB be? That is my problem with cap. They can buy other companies but none of them have anything productive to offer either but I bet they sell that info too.
- deleted 9y ago[deleted]
- s73ver_ 9y agoJust because you don't find value in what FB provides its users doesn't mean others don't.