Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - facebook....I still don't see how they make THAT much money

Mr. Sandman · 02-03-2012, 09:06 AM

I must be getting old...I still don't see the mega appeal it has. I guess it is human nature to want to know everything about your friends. Frankly, I really don't care and every time I use facebook ( I have to force myself to use it) I keep asking myself why is this so popular?
I have never clicked or barely noticed these ads. Like? I think I liked a couple things but what is the point of "liking" something?

As for money? They are already billionaires...this IPO is gravy. Honestly I don't think the SEC should allow them to do an IPO, they don't need capital. The purpose of the going public is to raise capital to develop new technologies or expand not to "cash out"

And it just does not add up! if they get 0.05 cents per click and all 800mil click that is 40 mil. , they would need everyone clicking all the time. I still can't see what they are selling and why it is THAT valuable and who is in a position to pay them. It is not 5 cheesy ads on the side, this can not be the primary source of the revenue.

02-03-2012, 09:06 AM	#7
Mr. Sandman Registered User iTrader: (0) Join Date: Sep 2001 Posts: 7,649	I must be getting old...I still don't see the mega appeal it has. I guess it is human nature to want to know everything about your friends. Frankly, I really don't care and every time I use facebook ( I have to force myself to use it) I keep asking myself why is this so popular? I have never clicked or barely noticed these ads. Like? I think I liked a couple things but what is the point of "liking" something? As for money? They are already billionaires...this IPO is gravy. Honestly I don't think the SEC should allow them to do an IPO, they don't need capital. The purpose of the going public is to raise capital to develop new technologies or expand not to "cash out" And it just does not add up! if they get 0.05 cents per click and all 800mil click that is 40 mil. , they would need everyone clicking all the time. I still can't see what they are selling and why it is THAT valuable and who is in a position to pay them. It is not 5 cheesy ads on the side, this can not be the primary source of the revenue.