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A comment on Silicon Valley will destroy your job: Amazon, Facebook and our sick new economy. Parent comment

Re:Silicon Valley will destroy your job: Amazon, Facebook an... by gradschool on Saturday October 25, 2014 @05:43PM (#8509498)
Can you elaborate on why the quote about Facebook is laughable?
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Re:Silicon Valley will destroy your job: Amazon, Facebook an... by Jukelox on Saturday October 25, 2014 @10:35PM (#8510097)
Facebook's product is you. Your data, habits, communications. Twitter is a simpler model. It costs $360k/yr[1] to get access to only 50% of all tweets. Combined with advertising they finally turned their first profit in Q4 2013[2].

Imagine the value of the more intimate data facebook has about you.

[1]http://readwrite.com/2010/11/17/twitter_to_sell_50_of_all_tw...

[2]http://www.ibtimes.com/twitter-nyse-twtr-earnings-q4-2013-tw...

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