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Well yes and no. FB revenue in 2019 was 70e9$. I also assume that Freebies spending was not constant over the 16 years. So their spending represented almost 1/
by ike77 6y ago
Well yes and no.
FB revenue in 2019 was 70e9$.
I also assume that Freebies spending was not constant over the 16 years.
So their spending represented almost 1/10000 of FB revenue.
I agree you can probably afford to lose that as a business owner but you probably can't be "meh, whatever" either. I expect that a decision of that scale would have probably be considered by many people / relatively highly ranked employee.
(At least, at that scale, I wouldn't give the authority to two low level support staff and an algorithm to delete 1/10000 of my global revenues...)
- arp242 6y agoTo clarify: I don't think that "meh whatever" is literally what people are saying (to each other or themselves), it's just that there are also other customers, new leads, and all sorts of other things to do, so it's more of a "doesn't matter enough to actually take action"-kind of thing. Or, in short, "meh, whatever" :-) And there are probably other factors as well, such as poor internal communication, algorithms making poor decisions, and more. But those are all solvable problems and I suspect that "meh whatever"-attitude plays a fairly large role in them not getting fixed at various levels. I mean, if my company left 330k/month on the table then I'd run after that faster than Usain Bolt. But do you think Zuckerberg or other top-level managers at Facebook will? But I have no insight in any of this, so I'm just guessing really...