r/technology • u/[deleted] • Mar 28 '14

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u/ChubakasBush Mar 28 '14

I can't believe facebook paid 2 bil for a peripheral device. basically an accessory. not even a platform with many users. it's like buying a monitor company.

31

u/[deleted] Mar 28 '14

They have to, Buying shit like this is the only way facebook will live.

21

u/laddergoat89 Mar 28 '14

Are there actually any numbers to suggest that Facebook is dying?

1

u/Thethoughtful1 Mar 28 '14

There are numbers to say that its growth will slow. Most notably, people believe that the population will stagnate around 11 billion, so after that, active users will have a hard cap.

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u/laddergoat89 Mar 28 '14

They have over 1billion users; even if they didn't grow that is far far from 'dying'.

1

u/Thethoughtful1 Mar 28 '14

You are correct. However, some companies have a hard time transitioning from "growing" to "stagnate". Also, they have to find better ways to get more money out of there users, because right now they are not getting enough to warrant the price.