Will Facebook become one of the most profitable companies in the world?

Re:Will Facebook become one of the most profitable companies... by scottieh on Tuesday March 22, 2011 @06:57PM (#2356931)

Yes -- 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.

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Re:Will Facebook become one of the most profitable companies... by olivercameron on Tuesday March 22, 2011 @07:08PM (#2356989)

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?

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Re:Will Facebook become one of the most profitable companies... by scottieh on Tuesday March 22, 2011 @07:15PM (#2357021)

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

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Re:Will Facebook become one of the most profitable companies... by olivercameron on Tuesday March 22, 2011 @07:21PM (#2357044)

Even with those three products, I still find it hard to believe they'd be one of the most profitable companies in the world. If you look at the top 50, it's filled with mainly oil companies, banks, and hardware producers (Microsoft being an exception). Google crept in at 47 due to AdSense, which I think Facebook could overtake.

I'm not saying Facebook cannot be wildly profitable, I just don't think it'll come close to the top 10 (what I'd consider to be "the most profitable companies in the world").

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Re:Will Facebook become one of the most profitable companies... by easp on Tuesday March 22, 2011 @09:52PM (#2357541)

How many of those 600M monthly active users are fake accounts created by webcam and dating site spammers, and mafia wars addicts?

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