Facebook is now worth 330 billion dollars?

Social media sucks wrote:

Meanwhile, what do you think Rupp's workouts are looking like these days?

The workouts posted on Facebook look good.

5 or 6 accounts? What kind of idiots do you hang out with? And of course FB is going to be ever growing. Everyone has a fb. The more people there are in the world, the more people there will be on fb. The more developed the rest of the world becomes, the more people there will be on fb. The more young people there are in the world, the more people there will be on fb. I would expect fb to continue to grow ad nauseum for quite some time.

MySpace forever

Everything is worth what someone else is willing to pay for it. The market has placed the value on Facebook that you state. You do NOT know more than the market.

I met my future wife on Facebook and the Like button might just as well be part of the ceremony! :)

Facebook is Star Wars, I have Facebook friends from 3 continents (Europe, Africa, Asia) and I get to see Nigerian baptisings, Iranian astrophotography and Austrian cuisine.

I like.

Oh, and it's PHP, I always forget to rave about that. Their engine is just added type hinting, from the performance perspective.

I agree that fb completely sucks. I've never had an account but know how it works through my wife, family and friends.

Beside the fact that it was created by a total d bag and that it is completely Orwellian, fb causes tremendous social anxiety and depression. People determined to show how many friends they have and how great their life is.

Women are particularly vulnerable as they see that ugly girl from school now look beautiful and engaged to a hunk. Or they see Sarah lose 50lbs and get a bikini body.

Before fb, people's envy was confined to their social circle in real terms ie to people they actually saw. Now it's global and they find themselves jealous of someone they barely knew on that work placement they did in Paris back in 2012.

The fb machine will implode within the next decade as kids now don't dig it since mom and dad use it.

Get out into the real world and actually meet people and realise that friends come and go but the really great ones stay and for them, you don't need fb.

Orwellian?

People are too proud to change their account once in a while, THAT is what's wrong about it.

As soon as someone has 10+ followers on any social media account they place a value of about a firstborn on it.

Switch your account every other year and you have a lot of "context" unlinked.

Applies to all social media.

And rural life used to be much more Orwellian, with much more direct consequences and "correctional actions".

It gives lame people a platform to try to portray a cool fake life for themselves. Losers who suck but try to hide it through the Internet. The worst is when they attack good people while hiding behind a screen, pretty tough in that virtual world of theirs. I prefer to live in reality and I respect anyone who doesn't use this site, or at least does not constantly post in an effort to appear better than reality.

I stopped using facebook for no reason -- I guess I just got bored with it. But I think it's weird how people are angry that other people use it. People like it, and for them it's nice to stay in touch with that high school buddy or whatever. What's so terrible about that?

Moreover, by now everybody is aware of the privacy invading aspects, the basic idea behind the algorithms, and the fact that Facebook is using their data to make money. And, as Facebook predicted long ago, folks are pretty much OK with all of that.

If you don't think Facebook is worth its market cap, you should look into short selling.

notJamin wrote:

5 or 6 accounts? What kind of idiots do you hang out with? And of course FB is going to be ever growing. Everyone has a fb. The more people there are in the world, the more people there will be on fb. The more developed the rest of the world becomes, the more people there will be on fb. The more young people there are in the world, the more people there will be on fb. I would expect fb to continue to grow ad nauseum for quite some time.

Not to mention they own Instagram and whatsapp, and their recently released virtual headset. Lots going on. Should it by 330b? Maybe not. But they are still growing fast and keep picking winners.

And the adds are proven to work, so moron post by the OP.

My observation is that Facebook is slowly dying among people my age. It's a growing fad to not have any social media accounts. "I don't have a Facebook account" is the new "Our family doesn't have a TV." And we're are realizing that successful, busy people don't use social media.

That said, Facebook use seems to be growing among other the older demographics and Mark Zuckerberg is investing money to bring the internet to the entire world so that everyone is on his social media platform. It's a given that Facebook will continue to grow in terms of users.

cpr wrote:

Oh, and it's PHP, I always forget to rave about that. Their engine is just added type hinting, from the performance perspective.

Son, https://youtu.be/rq68A07CDcM

Facebook is going to have an epic collapse. Will be fun to watch those democrats become destitute!

jamin wrote:

My observation is that Facebook is slowly dying among people my age. It's a growing fad to not have any social media accounts. "I don't have a Facebook account" is the new "Our family doesn't have a TV." And we're are realizing that successful, busy people don't use social media .....

And that "our family doesn't have a TV" line really took off, eh?

Ergo .. Facebook is not slowly dying.

jamin wrote:

My observation is that Facebook is slowly dying among people my age. It's a growing fad to not have any social media accounts. "I don't have a Facebook account" is the new "Our family doesn't have a TV." And we're are realizing that successful, busy people don't use social media.

That said, Facebook use seems to be growing among other the older demographics and Mark Zuckerberg is investing money to bring the internet to the entire world so that everyone is on his social media platform. It's a given that Facebook will continue to grow in terms of users.

Facebook is extremely popular among all ages, and the younger people who say they aren't on it almost always use either Instagram or whatsapp, both are FACEBOOK owned.

Virtual reality is a fast growing obsession and they are at the forefront of that with their newest release.

Successful people aren't on social media?? Wtf are you talking about. Bill Gates, Elon Musk, President Obama, Mark Zuckerberg....just to name some of the richest and/or most successful people....anyone who is successful and not on social media in some form, is an idiot. (And pretty much non-existent)

Snapchat is a challenger in someways.

coach d wrote:

Everything is worth what someone else is willing to pay for it.

But if everyone thinks this way then you have a bubble that pops when there is no one left to sell to. Since companies pay such tiny dividends nowadays, there is no point in getting a dividend check unless you're rich enough to have millions of dollars of stock in the right company ---> tons of Greater Fool trading going on.

jamin wrote:

But if everyone thinks this way then you have a bubble that pops when there is no one left to sell to. ....

The fact that they even HAVE Facebook on whatever planet you're posting from speaks to its success.