Quote:
Originally Posted by flashfire
you think facebook makes no money?
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No I was referring to Instagram.
@TheSquealer you are right regarding your point that Facebook does make money. However, look into their filings and you'll see that their infrastructure cost per active user looks unsustainable. They are making $ now but it might not be sustainable and blowing $ on deals like Instagram makes their current strategy look like Yahoo's Pacman strategy back in the middle of the first Dot Com boom and bust cycle (1998 to 2001).