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We're Just Spare Change To Facebook!

http://s3-ec.buzzfed.com/static/enha...35276966-2.jpg

According to this filings, the study estimated that we are valued at $4.81. One look at the report and it kinda makes you feel insignificant, doesn't it?

Quote:

Facebook's amended IPO filing shows that it did $1.058 billion in revenue in the first quarter of this year. If that revenue stays steady, Techcrunch notes, Facebook will make between $4.69 and $4.81 from each of its 901 million monthly active users.

Consider that scale for a second: To Facebook, you represent about a billionth of its revenue-making potential; your individual value to the company is below negligible. But the information you store on the service ? your photos, your private messages, you personal history ? is priceless, or at least extremely valuable to you. If Facebook loses, damages or leaks your data, it has no effect on them and a tremendous effect on you.

There's nothing explicitly wrong with this but the contrast is still dizzying. Facebook and Google's business plans are to hold and make small amounts of money off of people's most treasured information. They're like banks for the essental material of humanity, except without the rigorous and tested regulations, the federal insurance, or the decades of proven stability. You get a digital platform to store and share your life; they get a Big Mac Value Meal.

Not when there is a billion people worth $4.81 a pop.

By the time you figure out bandwidth used, ads clicked, etc... I am surprised it's that much. People there aren't buying shit, but there are always suckers. I mean think about how MUCH fucking traffic they get and how many videos, pictures, etc they host. Come on... A lot of suckers.

I think Facebook is dumb, but many do not. It's a traffic hog but monetarily it is like what my Dad used to say. This is not verbatim, but it went something along the lines of, "I wish Disney World would sell me a 10'x10' piece of land in the center of the park... I would charge $10 for ice cream cones..." I'd be like, $10? He would say, "Yeah, when you have a couple hundred thousand people walking by your stand daily, eventually someone will buy..."

He was right, hence the traffic hog business models today. Manwin and places such as Facebook ARE the ten dollar ice cream stand in the middle of Disney World.

Hey it IS only 19 cents short of a blowjob...

I believe that I'm much cheaper ...

Quote:

Originally Posted by Harmon (Post 18906009)

I think Facebook is dumb, but many do not. It's a traffic hog but monetarily it is like what my Dad used to say. This is not verbatim, but it went something along the lines of, "I wish Disney World would sell me a 10'x10' piece of land in the center of the park... I would charge $10 for ice cream cones..." I'd be like, $10? He would say, "Yeah, when you have a couple hundred thousand people walking by your stand daily, eventually someone will buy..."

He was right, hence the traffic hog business models today. Manwin and places such as Facebook ARE the ten dollar ice cream stand in the middle of Disney World.

$10 for ice cream? Wow, that must be one badass ice cream cone for that much.

I WANT ONE!