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ok, I just got done watching the "social network" and?
02-28-2013, 08:15 AM
Post: #4
JoelKatz Offline
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The amount of money a company is worth does not have much to do with how much money the company makes. It's more about the potential of the company to make money.

Facebook makes money from ads. They also make a cut from Facebook credits which are used to buy in-game items. They also make a lot of money selling usage and trend data that they collect.

The main reason their ads make so much money is because they know so much about you. They know where you live, how old you are, whether you're male or female, perhaps where you went to school, who your friends are, what your religious is, and so on.
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Messages In This Thread
[] - Eric Johnson - 02-28-2013, 08:12 AM
[] - Rankine Zero - 02-28-2013, 08:14 AM
[] - JoelKatz - 02-28-2013 08:15 AM

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