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Yep. I resisted FB for years, but finally gave in in ~2009 due to pressure from old school pals, after what I thought was a thorough risk/benefit analysis. Tu

Yep. I resisted FB for years, but finally gave in in ~2009 due to pressure from old school pals, after what I thought was a thorough risk/benefit analysis. Turns out that I _vastly_ underestimated the risk. I quit FB in ~2012, but not before I had already experienced some pronounced ill effects. Kind of like my auntie with smoking .

cameronbrown 7y ago
I joined Facebook in 2015 (late to the party, I know) but have never really touched Newsfeed. It's exclusively a messaging platform for me.
throw20102010 7y ago
Also yep. Facebook is valued at $158 per user. There is absolutely no way that the average user will click on $158 worth of ads in their entire time on the platform, nor will their children, nor will their grandchildren. At some point, a sane person has to realize that Wall Street is pricing in something other than the net present value of all the ad revenue that Facebook generates. Their buildings and servers are worth peanuts to their $227 billion market cap. What the market is pricing in addition to the advertising is how Facebook sells your data to companies for uses that most people have never even considered. https://arkenea.com/blog/big-tech-companies-user-worth/ https://arkenea.com/blog/big-tech-companies-user-worth/
- itsaidpens 7y ago
  Actually, in my experience that number is low. - Facebook Advertiser with $500k in annual spend (mice nuts actually)
- josh2600 7y ago
  I suspect whale users on Facebook are worth way more than $158 lifetime.
- skinnymuch 7y ago
  That piece wasn’t doing proper due diligence. It used Yahoo whose value at the time was already known to be largely from Yahoo Japan and Alibaba. For Facebook it was ignoring their other assets of FBM, IG, and depending on the date, Whatsapp. Also domestic, European, other developed countries. and the rest of the world all have much different user values. Some places are barely monetized at all right now.

cameronbrown 7y ago

I joined Facebook in 2015 (late to the party, I know) but have never really touched Newsfeed. It's exclusively a messaging platform for me.

throw20102010 7y ago

Also yep. Facebook is valued at $158 per user. There is absolutely no way that the average user will click on $158 worth of ads in their entire time on the platform, nor will their children, nor will their grandchildren. At some point, a sane person has to realize that Wall Street is pricing in something other than the net present value of all the ad revenue that Facebook generates. Their buildings and servers are worth peanuts to their $227 billion market cap. What the market is pricing in addition to the advertising is how Facebook sells your data to companies for uses that most people have never even considered. https://arkenea.com/blog/big-tech-companies-user-worth/ https://arkenea.com/blog/big-tech-companies-user-worth/

itsaidpens 7y ago
Actually, in my experience that number is low. - Facebook Advertiser with $500k in annual spend (mice nuts actually)
josh2600 7y ago
I suspect whale users on Facebook are worth way more than $158 lifetime.
skinnymuch 7y ago
That piece wasn’t doing proper due diligence. It used Yahoo whose value at the time was already known to be largely from Yahoo Japan and Alibaba. For Facebook it was ignoring their other assets of FBM, IG, and depending on the date, Whatsapp. Also domestic, European, other developed countries. and the rest of the world all have much different user values. Some places are barely monetized at all right now.