I'm on Facebook.
It's free.
I've never bought any game tokens or anything like that. I just post shit, and occasionally play a game of Family Feud. I've never purchased an episode of Family Feud.
I don't remember ever clicking on any of the ads on Facebook. If I have, it's been less than 10 times.
Basically, I have never given a single cent to Facebook, or frequented any of its advertisers. Nor do I plan to.
I'm sure I'm not alone.
So Goldman Sachs values it at $50 billion because why? Obviously there's a reason; it's just not obvious to me.
I'm assuming my info is being sold, but what else? There must be more that meets the eye.
P.S. Ditto for Twitter.
P.S.S. I don't get the big deal about The Social Network. Was aight. Oscar caliber? Please.
