Tuesday 20 March 2018

David D’Arcy: Facebook isn't magic but it's good business

YOU'RE a pioneering company in the exciting business of electronic social networking; your service is used at least once a month by more than a billion people; you've got a founder, CEO and chairman, whose story was the subject of a smash-hit movie that won several Academy Awards . . . and you still can't turn a profit.

Furthermore, your share price is still nowhere near the $38 (€29) it traded at when you had your IPO less than a year ago.

What gives?

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Today's news headlines, directly to your inbox every morning.

Don't Miss