Hacker News new | ask | show | jobs
by dschiptsov 4734 days ago
Clicks and sign-ups, leave alone purchases, are very different things. FB sells clicks, but a user just hits "back" button. Eventually, there will be no demand for clicks, because even being very cheap and abundant, they will not create enough money.

Profit = revenue - cost. So, FB pays all its costs from selling ads? Since when?)