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comment by JakobVirgil
JakobVirgil  ·  4482 days ago  ·  link  ·    ·  parent  ·  post: Facebook down to $19

The strange thing is I don't think it will even lose market share more people use it than ever. This is more about the end of free money on the internet.





mk  ·  4482 days ago  ·  link  ·  

I agree that they will keep their marketshare for quite some time, but I don't see it getting substantially bigger. As the web evolves, FB is going to have legacy drag on it.

As more interesting options come along, FB is going to look less interesting to newcomers.

I also agree that we are nearing the end of free money on the internet. At least the reality of advertising is starting to crystallize. When it comes to leveraging ads, not all apps are created equal, and although social ads look great from a marketer's perspective, they suck from a user's perspective.

JakobVirgil  ·  4482 days ago  ·  link  ·  

They "look" great from a marketers perspective but they are quite a bit like shouting down a hole. Mark should find a brick and mortar actually sells stuff business.

mk  ·  4482 days ago  ·  link  ·  

I agree with that. As I've said previously, they should build or buy an Amazon competitor. They could use the FB data on that platform.

JakobVirgil  ·  4482 days ago  ·  link  ·  

It looks like we are in agreement. I wish I could make rational business choices in my own life as well as I can make them for facebook. :(

mk  ·  4482 days ago  ·  link  ·  

LOL Well, if it's any consolation, I am the one running a social app without a plan to pay for it.

JakobVirgil  ·  4482 days ago  ·  link  ·  

Story of my life effort without plans or exceptions for payment. My art, my music, my comics, my writing. I am nearly 40 maybe I need to wise up. . . . Naw maybe tomorrow