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This is total nonsense. Facebook’s most valuable asset is their data which is why they don’t sell it, they rent access to it. It is much better for Facebook if you have to come to them every time you want to target an ad to a 24-28 year old male in the Bay Area with an interest in menswear than if they just sell a CSV with a list of said males.

This is the easiest thing in the world to check: their quarterly earnings are public. If you don’t believe those earnings, I would suggest filing a complaint with the SEC because you would have uncovered one of the larger securities fraud cases of all time.