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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997
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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
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01-03-11, 06:02 AM
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#1 |
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Navy Seal
 Join Date: Sep 2001
Posts: 5,330
Downloads: 5
Uploads: 0
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How the hell can Facebook be worth $50 billion
I just don't get it. Maybe I am thick but something that makes nothing, produces nothing, just a collection of people, some in my opinion extremely sad posting details of their life. Is it worth that due to advertising alone? That is the only way I can see it makes money is from advertising revenues.
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01-03-11, 07:30 AM
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#2 |
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Navy Seal
Join Date: Apr 2008
Location: Banana Republic of Germany
Posts: 6,170
Downloads: 62
Uploads: 0
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Personal data.
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Putting Germ back into Germany. 
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01-03-11, 07:33 AM
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Stowaway
Posts: n/a
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01-03-11, 09:37 AM
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#4 | |
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Navy Seal
Join Date: Nov 2005
Location: Houston, TX
Posts: 9,404
Downloads: 105
Uploads: 1
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They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here. |
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01-03-11, 10:03 AM
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#5 |
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Admiral
 Join Date: Jun 2010
Location: Canada
Posts: 2,272
Downloads: 58
Uploads: 0
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hits=money
this is how the free porn sites still make money
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My own open source project on Sourceforge OTP.net KGB grade encryption for the rest of us 
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01-03-11, 10:51 AM
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#6 |
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Lucky Jack
 Join Date: Jan 2006
Location: Down Town UK
Posts: 27,695
Downloads: 89
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I have about as much interest in them as I have in wrestling a dozen crocodiles, none at all.
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Dr Who rest in peace 1963-2017.  To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT! 
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01-03-11, 11:08 AM
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A long way from the sea
Join Date: May 2005
Location: Iowa
Posts: 1,913
Downloads: 21
Uploads: 0
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At Fiddler’s Green, where seamen true When here they’ve done their duty The bowl of grog shall still renew And pledge to love and beauty. |
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01-03-11, 05:11 PM
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Fleet Admiral
 Join Date: Jul 2003
Location: Patroling the Slot.
Posts: 17,952
Downloads: 90
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Quote:
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01-03-11, 10:37 PM
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#9 | |
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Crusty Capt.
 Join Date: Sep 2007
Posts: 2,752
Downloads: 40
Uploads: 25
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Quote:
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01-03-11, 10:45 PM
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#10 |
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Eternal Patrol
 Join Date: Nov 2002
Location: High in the mountains of Utah
Posts: 50,369
Downloads: 745
Uploads: 249
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Well, since if it wasn't for FaceBook I would never have found my long-lost daughters, and would never have known I have grandchildren, or have pictures of them, I don't think it's exactly fair to characterize me as a "sucker".
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“Never do anything you can't take back.” —Rocky Russo |
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01-03-11, 10:56 PM
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#11 | |
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Crusty Capt.
Join Date: Sep 2007
Posts: 2,752
Downloads: 40
Uploads: 25
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Quote:
I'm just saying.. 
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01-03-11, 11:24 PM
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#12 | |
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Lucky Sailor
 Join Date: Oct 2010
Location: Rome
Posts: 4,273
Downloads: 81
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01-04-11, 12:37 AM
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#13 |
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Sea Lord
 Join Date: Jul 2002
Location: Pacific NW
Posts: 1,894
Downloads: 6
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Google is valuable because they are the point where people declare their intent on the internet, ie "I want to buy something so I will search for it." And then get advertisements based exactly on what you are looking to buy. Or what you are looking at in your gmail account, etc.
Facebook is considered to be so valuable because all the profile information, status, updates, etc builds a very complete picture of you to potential advertisers. And they have mind blowing traffic statistics. That being said, I do think the value of facebook is largely speculative. But the potential is certainly there. PD |
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01-04-11, 10:16 AM
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Eternal Patrol
Join Date: Nov 2002
Location: High in the mountains of Utah
Posts: 50,369
Downloads: 745
Uploads: 249
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Quote:
Here's how it happened: http://www.subsim.com/radioroom/show...ight=grandkids
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“Never do anything you can't take back.” —Rocky Russo |
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01-03-11, 08:52 AM
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Born to Run Silent
Join Date: Jan 1997
Location: Cougar Trap, Texas
Posts: 21,385
Downloads: 541
Uploads: 224
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Quote:
 Who can say what the value of FB is? There are so many revenue stream possibilites; advertising, potential premium membership fees, application and game fees.... If I had a website with 500 million members and growing, one that was the new cornerstone of the web, I guess I would be happy. Let's see... 500 million members times a penny each day... would be.... $ 1,825,000,000.00 Yeah, that would be worth $50 billion, easy.
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SUBSIM - 26 Years on the Web |
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