I haven’t fully read the article however even FB didn’t know at the time of the potential nor were they monetizing motile. Now mobile has become the cornerstone

I haven’t fully read the article however even FB didn’t know at the time of the potential nor were they monetizing motile. Now mobile has become the cornerstone of the business. Facebook stock dropped by over half soon after the IPO. Not far from $33B. Before it began its rapid acceleration with mobile beats again and again. And now Instagram revenue being a good chunk for 4 years and changing the narrative of the entire company from the far bleaker one it would have if they didn’t own Instagram. Even now there’s a big question mark on the future of Whatsapp and FB Messenger. Both have over 1.5B users but bring in negligible money. If one can monetize each user at $2-3 and the other a bit more, FB gets $10B+ more in revenue and more growth and diversified income over this decade. That proves the point to me too. No one can have more than a vague idea on what revenue and profit FBM, Whatsapp, and any potential acquisition will have in 2025. Or if Facebook launches a cloud platform (doubtful) or a Google Adsense alternative (since it hasn’t happened by now I doubt it but I used to be convinced this would happen for years). One final example is the Portal. They aren’t going to move the needle any direction right now, but they were considered a bust before corona. Now they are selling well and have potential for expansion. I’m even surprised at their potential. I didn’t know they could do FBM and Whatsapp group chat. Beats out any other static home system. I just bought a pair for my grandmother and my self. Wouldn’t have done it until its fortunes turned around this year and I knew more about it.