Facebook's Global Community Grows to Two Billion People

The transcript discusses Facebook's rapid growth to 2 billion users and its dominance in digital advertising alongside Google. It highlights the potential for further growth through platforms like WhatsApp, Instagram, and Messenger. Concerns about tech valuations and their concentrated impact on the NASDAQ are addressed, with a focus on the strong revenue growth outlook for Facebook and other major tech companies.

What is one reason for Facebook's rapid growth to 2 billion users?

• It was the only platform available in Europe.

• It quickly reached a billion users in just five years.

• It offered free advertising to all users.

• It was the first social media platform.

Which two companies are primarily receiving the majority of digital ad dollars?

• Amazon and Netflix

• Google and Facebook

• Microsoft and Apple

• Twitter and Snapchat

What is a potential source of revenue growth for Facebook in the next 5 to 10 years?

• Increasing the number of Facebook users

• Monetizing platforms like WhatsApp and Instagram

• Launching a new social media platform

• Reducing advertising costs

What concern is raised about the current tech market?

• The lack of innovation in social media

• The concentration of growth in a few tech companies

• The decline in user engagement

• The increase in advertising costs

Which companies are highlighted as driving the majority of the NASDAQ market run-up?

• Microsoft and IBM

• Apple and Samsung

• Facebook, Google, Amazon, and Netflix

• Twitter and LinkedIn