Friday, April 24, 2009

Facebook

Aunt Carol,

I noticed that you and Aunt Bonnie were kind of annoyed recently by Facebook's suggestion that it might become a subscription service. You may find it interesting to know that:

* Every month Facebook spends $1 million on electricity, probably another $500K on bandwidth, and $2 million on new computers for storing pictures/etc, according to http://www.techcrunch.com/2008/10/31/facebooks-growing-problem/

* According to http://www.forbes.com/2009/04/06/facebook-advertising-rates-technology-internet-facebook.html, there's almost no way the company can raise that much money through pure advertising. It's looking right now as if Facebook either finds the magic money pixie dust, or they start charging a subscription fee, or they become government-sponsored like PBS, or they go away. So enjoy it while you've got it! Someday you may be telling your grandkids about the "good old days."

-Max

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

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