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They don't have a choice. Wall St expects them to grow by 25% year to year, and as the opportunities to increase the user base are drying up, FB will have to us
by frongpik 6y ago
They don't have a choice. Wall St expects them to grow by 25% year to year, and as the opportunities to increase the user base are drying up, FB will have to use more and more predatory business models.
- api 6y agoAt 25% yearly they better start getting all the populated planets in this spiral arm of the galaxy to sign up. Hey... what if the first time we receive an alien signal it ends up being a social network invite?
- slivanes 6y agoFB will buy them up of course.
- ackbar03 6y agoHey who knows, this might be the motivation we need to make extraterrestrial contact. Powered by Facebook of course.
- mr_toad 6y agoWell if you believe some of what’s circulating on Facebook they’re already among us.
- im3w1l 6y agoI'd read this book
- isx726552 6y agoSince FB’s stock is structured such that Zuckerberg always has complete control[0], they are not really beholden to “Wall Street” (shareholders). Sure they want the price to go up, but the CEO cannot be removed without his consent. So on some level, they must want these things to happen, either that or they don’t care. (Neither possibility is particularly good, of course.) [0] https://www.cnbc.com/2018/03/20/shareholders-wont-force-zuckerbergs-hand-in-facebook-management.html https://www.cnbc.com/2018/03/20/shareholders-wont-force-zuck...
- Ozzie_osman 6y agoStock price still matters for hiring.
- ggggtez 6y agoSo does demonstrating that your company is interested in making cool products instead of hooking scammers up.
- aarongolliver 6y agoAnd acquisitions, which are are frequently paid in part (or entirely) with stock.
- annadane 6y agoBut acquisitions in the case of FB are used as defensive, kill-our-competition moves. Is that really justifiable?
- frongpik 6y agoSame for hiring. FB's money making machine needs very few engineers, but it still needs to keep hiring to deprive potential competitors from competent programmers.
- frongpik 6y agoZuck is just an empty shell, really. He could be replaced with a tree and the company wouldn't notice. However the moment FB reaches a plateau, everybody will dump their stocks and buy treasury notes instead.
- dsohn0 6y agoI don't think you have a firm grasp on what you're talking about.
- skinnymuch 6y ago
- seventytwo 6y agoEither way, regulation is the answer.