Whether we like it or not, Facebook Inc (NASDAQ:FB) is a behemoth that we have nearly lost control of, and while it cannot be decidedly said whether this new creature on our planet is for our good or not, no one can deny the drama that envelops it. It can be interesting to view our beloved social media platform from purely non judgemental lenses, like a video compiled by TheStreet does.
Let’s first tackle the big question, our data and how much is it really worth? Facebook Inc (NASDAQ:FB) lets its users create accounts for free, but we all know that it is not entirely true. $5.85 for three months is the average price of privacy for a U.S. citizen. According to TheStreet, that is how much Facebook Inc (NASDAQ:FB) earns from its U.S. users every quarter.
Again, we must resist the temptation to put our judgemental goggles back on, especially those of us who feel their inner sanctity being priced and sold off when they hear privacy and Facebook Inc (NASDAQ:FB) in the same sentence.
There are a few other trophies of Facebook which I wouldn’t say fit perfectly in its hall of fame. The video mentioned that a third of all divorce filings in 2011 contained the word “Facebook”. Also mentioned was a leaked cash flow of statement of Facebook Inc (NASDAQ:FB) for 2005, which showed a net loss of $3.63 million. That is for a company that was founded in 2004 and 9 years after that leaked statement has a market cap of about $200 billion.
A piece on Facebook Inc (NASDAQ:FB) cannot be written without quantifying the extent that it has touched the inhabitants of earth. TheStreet pointed out that one in every 13 people on our planet is on Facebook. It is a remarkable number to reach in just 10 years of its inception and that shouldn’t be taken away from perhaps, the social media platform of generations to come.
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