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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: 3, Informative) by legont on Tuesday April 17 2018, @03:22AM
In fact at the office I have a required semiannual training dedicated to how to protect the reputation of the company while using social media. It boils down to "if you write anything without an explicit permission of our attorneys your will be fired".
Why a private citizen shall behave differently? Is her reputation somehow less valuable to her?
BTW, could anybody leak facebook's code of conduct? I mean what can facebook employees write on their facebook pages. This would be a perfect training material for any facebook user.
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.