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Cinque Mtume
- SomaliNet Heavyweight
- Posts: 4005
- Joined: Fri Mar 06, 2009 5:36 pm
- Location: Tres Puntos
Postby Cinque Mtume » Mon Apr 09, 2012 4:29 pm
Holy sh1t this is the end of times. How is a random app with like 6 employees worth 1 billion?
Same way a website, which users access for free, doesn't produce any products, and its only source of revenue is selling ad space (read facebook) is valued by investors as being worth more than the largest exporter in the United States
Capital markets are gonna implode
Facebook is valued for its data, not because of (potential) ad revenues.
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Shirib
- SomaliNet Super
- Posts: 26911
- Joined: Thu Oct 04, 2007 3:50 am
- Location: May God grant us victory.
Postby Shirib » Mon Apr 09, 2012 4:33 pm
Holy sh1t this is the end of times. How is a random app with like 6 employees worth 1 billion?
Same way a website, which users access for free, doesn't produce any products, and its only source of revenue is selling ad space (read facebook) is valued by investors as being worth more than the largest exporter in the United States
Capital markets are gonna implode
Facebook is valued for its data, not because of (potential) ad revenues.
The data is used for advertising, unless you know another way to sell data
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Lillaahiya
- SomaliNet Super
- Posts: 9782
- Joined: Tue Sep 08, 2009 1:35 am
Postby Lillaahiya » Mon Apr 09, 2012 11:47 pm
Profile to status to pictures. What's next?
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*Nobleman*
- SomaliNet Super
- Posts: 6864
- Joined: Wed Jul 13, 2005 2:49 pm
- Location: United- Not arrogant, just better
Postby *Nobleman* » Tue Apr 10, 2012 5:01 am
FAH, follow me on instagram, I followed you. I uploaded pics of my new whip, have a look.
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