this is just the beginning of the end for FB, it's only boomers that use it now. FB going to be the next Myspace, they knew it would happen eventually and did everything they could to avoid it, but its inevitable
Bentley Miller
does he really care though? he knew the price dump was going to happen for months now
Ian Sanchez
instead of laughing like child: buy.
Daniel Cook
what happened to facebook?
Dominic Cook
Still cant understand how the fuck Facebook, a photo sharing and comments site created in php, makes billions of dollars. The only ones who pay for ads are the diet pills rebill faggots and all that shit was banned years ago. Their revenue is $30 per year per user? How is that even possible
Gavin Brooks
they sell user data you fucking retard
Jaxson Powell
They hired a bunch of smart cunts and they create a bunch of shit others can use. It's pretty valuable.
Aaron Gutierrez
What user data? The fact that I looked up some slut I knew in highschool to see how ugly they are now? How is that worth $30 annually
Lucas Phillips
aaaaaaHAHAHAHAHAHAHA
Tyler Davis
LOL. Zuck sold enough shares to live off of it for 20 lifetimes. Yet here we are shitposting that he lost a fraction of his total net worth.
Samuel Parker
They track what people click on which can be used to optimise advertising and product creation
Josiah Mitchell
hehe wow get a load of this absolute dummy
Josiah Roberts
you're a fucking retard, never post again
Carson Bennett
From #6 richest person in the world to #6 richest person in the world. How will he ever recover Jow Forums.
Not worth a $600b market cap wouldn't be surprised if they faked their revenue, most of their users are fake and their entire website is worthless. Looks like the market is finally realizing how stupid it is.
Blake Bell
he has 70 billion left. Imagine losing 16 billion and having 70 billion left.
please be trolling, no one can actually be this dumb
Logan Myers
t. facebook investor
Adam Jones
>poor neets making fun of a fucking billionaire only on /biz
Cooper Hill
t. has no idea how advertising or social media works and couldn't be bothered to do a 1 min google search
Sebastian Reyes
>he can't understand sarcasm and jokes Everyone knows he's gonna do fine. He's still a billionaire and not even close to losing that status even with a hefty amount lost.
Because captialism is not about quality, it's just about having the biggest meme. Facebook is just a shitty site that went viral and has tons of traffic = tons of money. It could have been any other one.
Ethan Clark
The fact that this mong owns so many billions shows you how insanely undervalued Bitcoin is.
>What user data Nevermind people using it on their computers and Facebook finding out what companies you like. How many people use Facebook on their smartphones and blindly grant it permissions for everything? They know where you are, what you do, what you like, whom you talk to, what you search for. Then they sell that shit to advertisers so that they can create ads geared towards individuals like you.
Jordan Miller
same reason bitconnect went up the stock market is a ponzi scheme the only thing you can do with stocks is sell them for a higher price
One of many examples of a totally bullshit news story by Politico. Trump's Campaign hats are made in the US. The story is about a Chinese knock-off, conveniently brushed over.
Better ban Politico for fake news.
Easton Morris
Haha wtf mate
Lucas Brown
>He hasn't heard of dividends
Robert Ross
This reminds me of the time Charlie Lee sold his ltc. It has never recovered. RIP Facebook
