[legostormtroopr]

> despite that Facebook usage and engagement grows every quarter

How much of that growth is through aquisition though? Facebook was losing photo sharing, so they bought instagram, they were losing messaging, so they bought WhatsApp.

Its all well and good to say Facebook has value, and thats because they are using a behemoth (almost, but not quite monopolistic) position to squeeze competitors.

Take Facebook Marketplace, it has a huge number of posts that probably equals Craiglists - and they did that because they already captured peoples attentions. And they'll do it with their next product - hell they are still pushing their Portal picture frame on people.