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by pixl97 2441 days ago
I dont think you realize how much money is in political ads.
2 comments

That money will be useless if facebook is destroyed by the next government.

Trump and Clinton spent $81M on US election Facebook ads in 2016

https://techcrunch.com/2017/11/01/russian-facebook-ad-spend/

and

https://www.vox.com/2018/10/23/18015228/facebook-top-politic...

I think you overestimate how much money is spent on FB political ads. FB had over $16B in revenue in its most recent quarter. Trump and Clinton raised a combined $2B in their 2016 campaigns. If they dumped all of that into FB ads, it would still be only about 3% of FB's annual revenue. Obviously they spent far less, but I don't know what PACs spent.

https://investor.fb.com/investor-news/press-release-details/...

https://www.washingtonpost.com/graphics/politics/2016-electi...