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Facebook can afford to do so because they have higher margins allowing for more experimentation/risk-taking. Businesses in more competitive spaces are unable to
by bhupy 6y ago
Facebook can afford to do so because they have higher margins allowing for more experimentation/risk-taking. Businesses in more competitive spaces are unable to take tough stands.
The New York Times cannot be the New York Times of New York Times v Sullivan anymore, because their ad monopoly has been decimated. But Facebook can be the NYT of NYT v Sullivan, because they have 40% margins on their ad business.
One thing I have been wondering is: why is Google so lacking in conviction?