SoylentNews is people
SoylentNews
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: 2, Funny) by Anonymous Coward on Monday April 16 2018, @09:41AM
At my former employer, Deplorable Corporation, we had a training module on how to deal with customer complains. The motto was, "Don't just handle the problem, own the problem." Now you can do exactly this by purchasing FascisBook stock! Of course, we jaded, cynical, and sabotagically inclined mere employed added, "Don't just own the problem, be the problem!" Which also you can do by buying Facebork stock. I mean, seriously, since the IPO, has there been any serious audit that shows how this company makes money? I mean, other than Russian election influencing payments?