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Re: The witness II post# 21929

Sunday, 06/23/2013 12:46:01 PM

Sunday, June 23, 2013 12:46:01 PM

Post# of 49411
First of all, $FB isn't one site, it's 2 (Instagram is 150M monthly users). And $FB has enough cash to buy 3-4 more other popular social networks. $FB does social and owns two social properties with plans to buy more. They are building the monetization tools for only one right now but could easily use the same tools to monetize everyone else's apps too (hence why there is FB login on 80 of the top 100 apps in the Apple App Store).

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