Will Facebook become one of the most profitable companies in the world?
1–10 of 25 posts
Re: Will Facebook become one of the most profitable companies in the world?
#2Shorm-term, may be. Mid-term, may be. Long-term, I hope not.
Re: Will Facebook become one of the most profitable companies in the world?
#3Yes -- when a single organization owns the connections, interests and geographical data of 600 million people -- it's inevitable.
No other entity has amassed this amount of data before.
Re: Will Facebook become one of the most profitable companies in the world?
#4if their ARPU has as much potential for growth as mentioned in the first comment of the conversation, they could easily surpass Google.
Re: Will Facebook become one of the most profitable companies in the world?
#5I highly doubt they can get near the top 10. They'd first have to battle their way past the heavy weight technology companies, then the banking giants, then Wal-Mart and finally the the ridiculously lucrative oil companies (source: http://money.cnn.com/magazines/fortune/global500/2010/perfor...).
They have to figure out how to monetize a lot more $ per user to be very profitable in the long term.
Re: Will Facebook become one of the most profitable companies in the world?
#6Yes -- when a single organization owns the connections, interests and geographical data of 600 million people -- it's inevitable. No other entity has amassed this amount of data before.
Why is it inevitable? They already run an ad network and their revenue's are nowhere near, for example, Google's. How else can they monetize this data?
Re: Will Facebook become one of the most profitable companies in the world?
#7One of the most profitable, perhaps...but I predict that if Dropbox stays independent - it will easily become the most profitable.
Re: Will Facebook become one of the most profitable companies in the world?
#8One of the most profitable, perhaps...but I predict that if Dropbox stays independent - it will easily become the most profitable.
In the tech industry, maybe, but in the world?
Re: Will Facebook become one of the most profitable companies in the world?
#9Yes -- when a single organization owns the connections, interests and geographical data of 600 million people -- it's inevitable. No other entity has amassed this amount of data before.
Why is it inevitable? They already run an ad network and their revenue's are nowhere near, for example, Google's. How else can they monetize this data?
They've barely scratched the surface. And it's not just an ad network...
- virtual currency - daily deals - search integrated directly into the experience
and that's just off the top of my head
Re: Will Facebook become one of the most profitable companies in the world?
#10One of the most profitable, perhaps...but I predict that if Dropbox stays independent - it will easily become the most profitable.
In the tech industry, maybe, but in the world?
Oh absolutely. Dropbox is reaching the point where now my father and mother use it. It hasn't reached Facebook levels yet (by that I mean, my grandmother ;)), but it is getting there.
But with each incremental user, Dropbox's value increases in an e^x fashion.
For more on why I think so, here is a more detailed breakdown: http://marcgayle.com/how-dropbox-is-printing-money
There is no reason that Dropbox's growth will slow any time soon. It is a fabulous product, and has the referral system built-in.
It's the closest elixir to magic I have seen in recent times.