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Why You Should Buy Facebook While It's In Crisis (archive)
In spite of the headlines, the hearings, and the hashtags, it does not look like many users are leaving Facebook. A survey conducted by Deutsche Bank concluded that "just 1% of respondents were deactivating or deleting their accounts." If the survey is representative of Facebook's 2 billion users, then 20 million users might leave. This may seem like a big loss, but it means 99% of users are staying.
Doug Clinton, the managing partner of Loup Ventures, estimates that each active user generates about $21 in profits for Facebook each year. The loss of 20 million users would therefore reduce Facebook's earnings by roughly $420 million. Facebook's pretax income last year was $20.5 billion. Does a 2% drop in pretax income justify a 9% loss of market value? I don't think so.
(Score: 5, Funny) by SacredSalt on Monday April 16 2018, @09:40AM (3 children)
As soon as I find a different job, I'm deleting all social media accounts. I might even turn my cell phone into a skeet target as my last post (it allegedly takes a few days before they delete your stuff). I'm tired of the notifications, people thinking I can always respond to XYZ at any hour or while I'm traveling out to events or at them working. It drives me a little crazy with all of it, and all of the bickering over stuff that goes on there. Its just too much discontent for me. I figure I can get back enough time to get my guitar skills back close to SRV if I just use that time to practice. I could probably build on a new edition to the house if I used it exclusively for that over the course of 7 months or so.
I just don't feel like facebook is adding much to my life.
(Score: 4, Interesting) by Phoenix666 on Monday April 16 2018, @11:23AM
It doesn't. There was a faint flicker of novelty to hear from the kid I went to the third grade with and haven't seen since, but I don't talk to him because we have nothing else in common.
So hearing from them about their lives is interesting for social scientists who might be sitting on top of all that data and watching patterns evolve in response to events, but it has no real value for the rest of us.
Yours is the right move. Make real connections with real people in the real world. (Social science says that's about 120 people, but that's always been fine throughout human history.) Use your time to do what you want to do, not to cavil about others thrice removed.
Washington DC delenda est.
(Score: 2) by inertnet on Monday April 16 2018, @01:17PM
On the contrary, it's using time out of your life. Just add those hours up and see how many years of wasted life that amounts to.
(Score: 2) by archfeld on Monday April 16 2018, @09:41PM
Don't make me pull this web forum over and reach back there and slap the shit out of you :)
Facebook stop touching your sister...
For the NSA : Explosives, guns, assassination, conspiracy, primers, detonators, initiators, main charge, nuclear charge