2 ms·
> The problem is economic, and the solution must be too. FB for example is US-based company. Last time I checked you are not forced to accept outside money, ge
by joering2 8y ago
> The problem is economic, and the solution must be too.
FB for example is US-based company. Last time I checked you are not forced to accept outside money, get VC rounds or go IPO.
Mark chosen to go the "American path" that is capitalism to the maximum so of course I will lose an argument over why he is trying to maximize profits. But nothing stopped him from building sponsorship agreements with i.e. fortune 500 corps, instead of building bidding platform ala Google.
I'm pretty sure if you would signup fortune 500 and have for example 500 rotating banners, it would give you enough founds to run operations and pay every employee $150,000 salary. Plus having exactly ZERO tracking cookies and ZERO malicious following you JS script. Its quite possible given FB size and reach, but again "this is America, this is business."