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I’m not an expert at how facebook diversifies its income, but their R&D has produced a lot of insanely good outcome in engineering area. Meta ML, React, React N
by robertwt7 4y ago
I’m not an expert at how facebook diversifies its income, but their R&D has produced a lot of insanely good outcome in engineering area. Meta ML, React, React Native, etc, howbare they not building income over these tools? Vercel or laravel seems to be making huge amount of money by building dev tools around their frameworks.
Regardless of what they have done, I hope everyone affected is okay
- jmathai 4y agoAt Facebook’s market cap, vercel and laravel are immaterial in terms of revenue. It’s very hard for a company of this size to find something to move the needle enough to make a difference. Look at Google. YouTube is worth $120 billion with a B and it is dwarfed by their ads business.
- searchableguy 4y agoThey tried in the past. They used to have a bunch of PAAS and SAAS services which were shut down and open sourced subsequently.
- lm28469 4y ago> I’m not an expert at how facebook diversifies its income It's virtually all ads revenue, something like 97% of their revenues is from advertising