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by andrewhillman 4984 days ago
-FB is not a gigantic failure. It's one of the biggest Internet successes of all-time. -Advertising has always been the business model. -Mark told investors it was about the long term. -Facebook is relevant because it has massive network effects and they have over 1 billion users. -The web is a big place. If you don't like it, ignore it.
1 comments

I never said I don't like it, I just think it's a sham. It has no real value and it's been shown time and again. Targeted marketing doesn't work and that was their linchpin. They have 1 billion users but that is contorted, that is not active users. Even still, why should a company that has no regard for it's users of which it's entire value is established, have real legitimacy? The fact that they are now charging to "promote" posts is a clear sign of things to come.
Actually, according to wikipedia, they do have 1 billion active users.
Don't cite Wikipedia, cite whoever Wikipedia cites.