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0 pointsspyspy8y ago0 comments

Disclosure: I bought more FB today

You covered the fundamental reason why Facebook _could_ suffer from this but I believe it won’t. Uber is very easy to ditch because it has well-known competitors that are just or almost as good and readily available. And uber doesn’t have years of photos, friends and interactions that I’d be losing.

0 comments

heedlessly28y ago

Facebook is good for loosely connecting with acquaintances.

But for real friends, you will always keep in contact no matter the medium.

pksadiq8y ago

> Disclosure: I bought more FB today

May be you can consider the moral side of what you are doing, if you care.

This makes me really sad. People say, they care about privacy - theirs and others'. But they are okay making money investing for the same.

twblalock8y ago

How does investing in Facebook stock help Facebook? It's not like Facebook gets the money. The guy you buy the stock from gets the money.

You know what would do good in the world? Invest in evil companies and use the profits to fund advocacy against what they are doing. Turn their success against them.

But if you refuse to invest in companies you don't like, it makes no difference to them at all.

pnloyd8y ago

It may not put money in Facebook's pocket but.. Last time I checked Mark Zuckerberg is Facebook's CEO and largest shareholder. I imagine that taking actions that devalue the stock and therefore his net worth are bound to influence his decisions (and therefore Facebook's)

cwilkes8y ago

It isn’t so much as “helping” a company but rather putting your money where your mouth is and refusing to make a personal profit off a company you don’t agree with.

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deepbreath8y ago

> How does investing in Facebook stock help Facebook?

Buying stock increases demand, thus increasing the price of a stock unit. That, in turn, benefits those who own it (which I'm guessing is primarily the CEO and the shareholders)

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