Wtfunny wrote:
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.
No, it doesn't! Almost everyone uses airlines, the airline industry has massive amounts of revenue, and yet it's a failed industry because it has zero profit. Invest in the airline industry if you think that the number of users is indicative of success.
jamin wrote:
No, it doesn't! Almost everyone uses airlines, the airline industry has massive amounts of revenue, and yet it's a failed industry because it has zero profit. Invest in the airline industry if you think that the number of users is indicative of success.
wrong.
http://www.cbsnews.com/news/delta-air-lines-profit-soars/I agree with the notion some1 else pointed out: busy and successful people do not use Facebook, or at least use it sparingly.
This might surprise you, but its market cap is not based on what a bunch of inconsequential moods on a running site think of it.