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If Facebook gave a damn about any of this, they would stop selling ads and start charging users for their services. Simple as that. Your move Zuck.
by oxymoran 9y ago
If Facebook gave a damn about any of this, they would stop selling ads and start charging users for their services. Simple as that. Your move Zuck.
- benatkin 9y agoFacebook is a publicly traded company, with a duty to its shareholders to m̶a̶x̶i̶m̶i̶z̶e̶ ̶i̶t̶s̶ ̶p̶r̶o̶f̶i̶t̶s̶serve their best interests. If Zuck decided to he probably would get thrown out.
- ForHackernews 9y agoHe can't be thrown out. Facebook issues special classes of share so that Zuckerberg can never lose control of the company. https://www.economist.com/news/business/21729813-multiple-class-share-structures-are-controversial-are-probably-here-stay-facebook-and https://www.economist.com/news/business/21729813-multiple-cl...
- drb91 9y agoWhat crap. First, Zuck owns the company. Second, you didn’t actually point out how multiple forms of income don’t serve shareholder interests. People like ads because they get rich without having to make a product people will spend cash on. It’s so much easier to milk views on existing content rather than convince people to pay for, well, anything. Zuck is a leech on capitalism’s neck.
- jdavis703 9y agoFacebook has an ARPU of over $21 in the U.S. I'm sure a large amount of people would not spend this much.
- hobls 9y agoWoah, no shit?? (One google later...) Daaaaaamn. Makes sense, but seeing it called out is very striking.