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Good for you! It's not so great for Facebook's investors, though. FB: Hi, we're a conduit that funnels small sums of money from millions of people into a small
by JabavuAdams 18y ago
Good for you! It's not so great for Facebook's investors, though.
FB: Hi, we're a conduit that funnels small sums of money from millions of people into a smaller number of developer's pockets.
Investors: So, how much of that do we get?
FB: Um. Almost 0, but we're working on that.
Investors: ...
- byrneseyeview 18y agoSurely the same could be said of Google. Their revenue is some tiny fraction of 1% of the value they create for users.
- JabavuAdams 18y agoGoogle makes more money than it spends. Facebook does not (yet). This is a crucial difference. > Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery. -- Charles Dickens