Looks like Facebook is on a shopping spree. It’s already known fact that Facebook acquired Whatsapp and Oculus Rift for a huge amount. Looks like billion is the new million. What do you think might be the reason for this? Well, let’s analyze from the basics.
Zuckerberg describes the three goals of Facebook as follows:
· Connecting everyone
· Understanding the world
· Building the knowledge economy
I believe there is a secret 4th goal. That would be “Buy people’s time.” Yes, you heard it right. Facebook is buying your time in other words. Let’s have a look into some daily usage statistics for some of the Facebook’s popular assets: