41–50 of 322 posts
That is just a guess.
Most likely, one of your competitors negotiated a deal where you were deplatformed as a condition. $57M over 13/14 years, or $100M right now... easy choice for Facebook.
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what do you have in mind other than Facebook and Google as online advertising (actually any advertising) that has the same reach?
believe it or not, advertising existed before 2010.
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The ~$60million is over 15 years, so it's about $330k/month on average, which is still a very substantial amount of money, but at "Facebook scale" this is pocket money you find in the sofa; their revenue is about $5.8 billion a month . For Facebook, the effect is like refusing to serve a customer their coffee at a coffee shop. I suppose that's the real problem with these kind of issues; you see the same on e.g. YouTu…
$330k/month means that you could have multiple employees specifically and solely tasked with managing this one account. It is not a small amount by any means.
Isn't this the explanation? I get that they disagree with the substance of the violations, but it doesn't sound like this came out of nowhere like the headline claims. They were repeatedly flagged for ad violations, then their pages were shut down when they ignored these as the "cost of doing business".
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The author is fully dependent from FB. He cannot bite the hand that feeds him. I think it’s a smart move to reach the front page of HN before taking this to court.
If he’s been kicked off their network, does he have anything to lose by biting the hand that used to feed him?
Another sign that several FAANGs exist as a monopoly. When you're so big that you can provide effectively no customer service to a customer spending in the 10s of millions (and they have no competitor they can go to afterwards) there's a problem.
Be happy they did, you can now build a better a world by stopping feeding facebook. Put your money somewhere else.
Now to kick my HN habit...
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Facebook and google are not the only places to advertise.
Sorta. Where else would you advertise if you’re specifically trying to reach people who are doing web searches for your product category?
It’s hard to understand that a business partner for 15 years and after dozens of millions of dollars spent can kick you in the @@s and ghost you without any explanation. This kind of behaviors from large corporations have to stop.
Bit of a stretch to call Facebook a "partner" to _any_ business. They're racketeers and building a business on the back of them is frankly insane.