₦airaland Forum

maclatunji: Facebook may be losing out in the United States but it looks set to make some progress in Africa and Nigeria because of population would be on top of that list. It is just a matter of time before Facebook opens a Nigeria office. Too bad that Google saw the light ahead of them and is aggressively grabbing market share in Nigeria.

Abagworo: If we mean projects, housing, education, health, electricity, and city expansion then Rivers carries the day by far.

STEKENT: Welldone bros i like your spirit of selfless service. Thanks

UncleJJ: I saw a post, like this on another thread cant remember which one.

ohhh - https://www.nairaland.com/nigeria/topic-771187.0.html#msg9243874

However, will tell you the same thing i told that dude - i can teach you two methods: CPA and Article writing for associatedcontent.com

Below, i have attached - a summary of one of my CPA accounts, The other, dude said - he aint got a laptop; since you got one and a modem.

Your in a better position to learn.

You can reach me - jayjayatairu@gmail.com .

courage89: They have other means of monetizing besides selling database. Currently, they make money from add, content text, and from gamers. They have room to grow to generate revenue. The question still remains, can they unlock those other potential? How are they going to fend off competition, RenRen and others?

They can diversify by buying other technology company. They can buy operating system companies, and build organically to compete head on with MS, Google, Apple. They can buy manufacturing company, and integrate the company with Facebook competitive advantage. They can venture into cloud computing and integrate the company with their core competency. My point is; they have options, they have the people and the money. What else do you need.

auwal87: All I can tell you guys is LinkedIn gain over 100% in its first IPO day, from $45 to around $100. Imagine how many millions people made in just a single day, since thousands were able to buy at the opening rate of $45. Now Facebook is earning much more than LinkedIn, and is worth much more than LinkedIn, so if you compare it to LinkedIn alone, you will at least predict Facebook shares to raise to at least nothing less than $200 per share in the first week. This week has been a very hard week for the NASDAQ and the moment they bounce back, you will see FB shooting up like crazy. If you bought your FB shares today and you are wondering why it closed with a gain of just 23 cents, don't worry and wait for the opening next week, you will be surprised!
PS: I am not a stock expert, nor a wall street trader, just an opinion.

courage89: What still remains a "code" to be cracked is how they're going to monetize their 901 million people.
Keep in mind, if they don't crack the code. They can always diversify. When you have cash, you can do anything.

My conclusion, FACEBOOK IS HERE TO STAY. The next question is when are they going to be profitable?

courage89: Facebook is here to stay, that i can tell you.
What still remains a "code" to be cracked is how they're going to monetize their 901 million people.
Keep in mind, if they don't crack the code. They can always diversify. When you have cash, you can do anything.

My conclusion, FACEBOOK IS HERE TO STAY. The next question is when are they going to be profitable?