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RE: Mark Zuckerberg Again for Steemit

in #mark7 years ago

Companies buy businesses for two reasons. To gain new technology, and to get as close to a monopoly as legally possible.

To the former, blockchain technology is around in multiple and it'd be cheaper to hire developers to build a new one, or buy a blockchain not already integrated into a social network.

To the latter, if he's going to do it, he should do it now. This is a volatile site that, if it really starts taking off, won't be worth selling.

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Nice Point ,

Personally i was like, how will he make money off steemit. Since advert and user data will be a problem for him.

when i say user data, i mean having access to it

Keep in mind that large companies have a long history of drastically changing assets they buy over time. Facebook would be limited on profit models as-is, but that doesn't mean they can't change the model over a few years.

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