Parker: Facebook Has So Much Growth Left In It

The transcript discusses Facebook's growth potential and the value extraction process. It examines Snapchat as a potential threat and explores future opportunities for Facebook, including expansion into new communication paradigms. The potential of the communication market is highlighted, and speculation on Snapchat's future direction is discussed.

What is the main focus of Facebook's business growth strategy?

• Reducing operational costs

• Expanding into new social media platforms

• Value extraction from existing assets

• Developing new hardware products

How does Facebook view Snapchat in terms of competition?

• As a company to be ignored

• As a potential threat and opportunity

• As a minor player with no real threat

• As a partner for future collaborations

What is considered the biggest market in the world according to the discussion?

• E-commerce

• Communication

• Healthcare

• Automotive

What is a potential area for Facebook's expansion mentioned in the discussion?

• Cryptocurrency

• Virtual reality gaming

• Real-time communication

• Online education

What historical communication technology is Facebook Messenger compared to?

• Email

• Telegraph

• Instant messaging

• Radio