Topic: billions of dollars

[crisis]

instagram recently was bought by Facebook for a billion dollars, making its staff of 5 millionares overnight.

this morning, Facebook went public with about $35 a stock, making it's employees hella rich and founder Mark Zuckerberg's networth exceeding 20billion.

Bono, who has invested in FB in 2009, stands to become the richest musician on the planet, surpassing Paul McCartney's estimated 1billion.


FML

[A-Yty]

In other words, God has a trollface.

What is keeping Facebook alive? It's, what, 7 years now..? In Internet years, it's ancient.

[Gunlord]

I wish I was that rich...;;_;;

[ScionOfBalance]

i wish i had half of his money....

[X]

What is keeping Facebook alive? It's, what, 7 years now..? In Internet years, it's ancient.

8 years old actually. Facebook will remain competitive until something new and innovative comes along. It's always been the case and it is only a matter of time.

[A-Yty]

Guess people find Google+ creepy (or boring). The thing is, Facebook isn't much better in terms of trust, with its ever-changing policies and whatnot.

I'd like a profile site for nerds.

[Mooning Freddy]

What is keeping Facebook alive? It's, what, 7 years now..? In Internet years, it's ancient.

Why? Because it's so bloody useful. It has so many good features and I don't see anyone coming up with a better system for now. And don't be like, "oh facebook? f**k that, I don't even use it". It's damn useful. It's a better way to stay in touch with some of your older friends. Reasons why facebook changed my life:
1. Sharing events is much easier. You no longer need to call people and tell them, hey man, there's this party downtown.. Now you do it with just one button.
2. You no longer need to send your friends photographs. Just share them on facebook.
3. Good tool for discussing current events.
4. Stalking on girls is easier than ever Hmmm, getting interesting info about people is easier than ever. 
5. Entertainment. Lots of funny groups to follow.
6. Studying. We have groups on facebook used for discussing college assignments. Very useful.
*. Games. Never play them, still think they're worth being mentioned.

All in all, facebook is a great tool.  If membership cost money, I'm sure many people would have paid.

[Flame]

Normally id be all over something like that, but I remember back when myspace was in, and was going to be around forever.

The Facebook came in and absorbed pretty much all of Myspace's clients.

Facebook is a giant now, but Id rather not risk the next big shiny thing coming in and overshadowing Facebook, thus making them stocks seem kinda worthless.

slightly related note:

I had a history teacher in High School Senior year, who when her mother died, she inherited a Coca Cola stock. At the time, she was young and brash, and sold the stock for a sweet ride.

She laments that the ride lasted a few years, but if she had kept the stock, she probably wouldnt be teaching right then. I mean seriously. Coca Cola.