Earlier quoted context omitted.
Is that truly salary? Or total compensation?
"Median pay package", which I assume includes base salary, bonuses, stock grants, insurance, and some dollar value for other benefits.
Facebook Q1 2018 Earnings Slides [pdf]
71–80 of 271 posts
Re: Facebook Q1 2018 Earnings Slides [pdf]
#72Slide #3 & #5 are super interesting. US/Canada is ~10% MAU but generates ~50% of the overall revenue. I wonder why US generates so much revenue compared to its small user base
Things in general are much more expensive in the U.S. compared with other countries. Ads included.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#73So wait... In the US, my "value" to facebook is about $100 a year? (~24/q rounded up) Can I subscribe to facebook and opt out of all advertising and any data sharing exposure with third-parties? That is totally worth $8-10/mo to me. Edit: I get it. You don't like this idea, or you don't think it will work, or you don't think facebook's investors will like it (full disclosure: I am one). Why on earth should that stop…
I'd flip it around. What if Facebook paid me $$ to use it? Perhaps they could have different incentive tiers in exchange for sharing additional info.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#74So wait... In the US, my "value" to facebook is about $100 a year? (~24/q rounded up) Can I subscribe to facebook and opt out of all advertising and any data sharing exposure with third-parties? That is totally worth $8-10/mo to me. Edit: I get it. You don't like this idea, or you don't think it will work, or you don't think facebook's investors will like it (full disclosure: I am one). Why on earth should that stop…
Re: Facebook Q1 2018 Earnings Slides [pdf]
#75So wait... In the US, my "value" to facebook is about $100 a year? (~24/q rounded up) Can I subscribe to facebook and opt out of all advertising and any data sharing exposure with third-parties? That is totally worth $8-10/mo to me. Edit: I get it. You don't like this idea, or you don't think it will work, or you don't think facebook's investors will like it (full disclosure: I am one). Why on earth should that stop…
Funny, my only problem with this comment is the edit itself.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#76Earlier quoted context omitted.
What if you could sell the data to a third party for $10+ dollars? (I’m working on a project to do this ) Also, you would need your friends to opt out too? Or at least turn on timeline review. It seems paradoxical to share your information and also require it to be private .
Personally, I would not sell access to my data. Re friends opting out, no, you would just need the system to exclude individuals who have the opt-out attribute from the graph search. But I do also have timeline review turned on and have for years. I get that I am probably a minority user of Facebook, in that I have very customized security and privacy settings. To me, there has always been value in choosing with whom…
What if you weren't tagged properly also and your friends share information about you? Then hypothetically your information would be available on Facebook.
Thanks for answering my questions!
Re: Facebook Q1 2018 Earnings Slides [pdf]
#77So wait... In the US, my "value" to facebook is about $100 a year? (~24/q rounded up) Can I subscribe to facebook and opt out of all advertising and any data sharing exposure with third-parties? That is totally worth $8-10/mo to me. Edit: I get it. You don't like this idea, or you don't think it will work, or you don't think facebook's investors will like it (full disclosure: I am one). Why on earth should that stop…
In 5 years, it should be $24-30/month
Re: Facebook Q1 2018 Earnings Slides [pdf]
#78The median salary package at FB is $240,430[1]. Now I understand how that is possible. 1. http://www.businessinsider.com/facebook-median-pay-240000-20... edit: salary package (salary, bonuses, and stock grants), not salary alone
> we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017
Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews the median quite a bit. For example, if I joined Facebook in 2017 at $150,000 and received a $400,000 RSU stock grant vesting over four years my median annual income for the purposes of these SEC calculations was $550,000 (even though most of that is in stock vesting over the next four years).
Re: Facebook Q1 2018 Earnings Slides [pdf]
#79So wait... In the US, my "value" to facebook is about $100 a year? (~24/q rounded up) Can I subscribe to facebook and opt out of all advertising and any data sharing exposure with third-parties? That is totally worth $8-10/mo to me. Edit: I get it. You don't like this idea, or you don't think it will work, or you don't think facebook's investors will like it (full disclosure: I am one). Why on earth should that stop…
I'd flip it around. What if Facebook paid me $$ to use it? Perhaps they could have different incentive tiers in exchange for sharing additional info.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#80Earlier quoted context omitted.
I'd flip it around. What if Facebook paid me $$ to use it? Perhaps they could have different incentive tiers in exchange for sharing additional info.
I thought that was the end game originally - reward users with cash for self providing information companies usually need to pay survey companies to get.