If Facebook Was [Steemit], You Would Be Rich [er]!!!

in teamsouthafrica •  7 years ago 

Lets take a look at how much Facebook should have paid you so far, and should be paying you right now.

The average "monthly" Facebook user uses the platform a couple of times per month. If this is you, you have a stake in the company that is worth around $225.46. If you are a "daily" user, Facebook owes you closer to $339.95 once-off.

A conservative calculation in terms of income, excluding dividends, results in $6.33 per year for the average monthly user, and $9.55 for the average daily user.

There is, however, a key factor here that in my opinion brings down the numbers considerably. If you are a Steemit user, the same level of engagement that you exercise on Steemit, if you were to engage that way on Facebook, would probably rank you in the top 20% of daily users in terms of sharing and posting content, likes, etc.

Now, assuming the top 20% of Facebook users are indirectly (or directly) responsible for 80% of the market cap or net income of the company, which I think is a conservative estimate, the numbers look pretty impressive at $1 359.78 and $38.18 per year in income.

Remember these are the averages so some people are probably owed 100 times this amount, at least! That is $135 978 once off (equal to almost 1000 shares) and $3 818 per year. Most people could retire right now with that kind of money!

The things I looked at are as follows:
FB current market cap: $436.49 billion
FB Net Income for 2013: $1.49 billion, monthly active users 1.155 billion, daily active users 699 million
FB Net Income 2014: $2.93 billion, monthly active users 1.317 billion, daily active users 829 million
FB Net Income 2015: $3.67 billion, monthly active users 1.49 billion, daily active users 968 million
FB Net Income 2016: $10.19 billion, monthly active users 1.712 billion, daily active users 1.128 billion
FB Net Income for 1st quarter of 2017: $3.064 billion, monthly active users 1.936 billion, daily active users 1.284 billion

MY SOURCES WERE:
https://ycharts.com/companies/FB/market_cap
http://www.marketwatch.com/investing/stock/fb/financials
https://www.statista.com/statistics/264810/number-of-monthly-active-facebook-users-worldwide/
https://www.statista.com/statistics/346167/facebook-global-dau
E-mail me at pjcillie at transkaroocommunications dot com to see all the calculations in Excel.

Hey before I forget I have a free gift for you if you comment YES below....This helped me tremendously...The Science of Getting Rich (1910) by Wallace D. Wattles

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steemit has good vision. It very cross Facebook very quickly

You think so? Great comment, following you!

Thanks @picokernel!

Steemit will be the king in social media market. Who is agree with my statement?

Sure Why Not? I like your comment, where are you from?

I am from India.

Cool what do you do?

Study

Awesome what are you studying?

Thanks @picokernel!

Though I am absolutely brand new at this whole Steemit thing, the one thing that just screams out is how on Steemit you are a collaborator and a creator whereas on Facebook I think at best you are a product that they get to sell and reap the rewards. With Steemit, each one of us gets to act as a agent for not only what we will create, but also for those things we will honor with our support (whether as a one off upvote or a follow to establish an ongoing relationship.) This is a huge departure from being packaged and sold off for the add revenue of which you and I see nothing. For the longest time, Facebook has deeply bothered me... I think this distinction that I am only now really seeing is at least part of what has been under my skin all along. Thanks for your post. Peace. - (following & resteemed)

Interesting perspective, thanks for sharing your thoughts! Building relationships are what its all about! I would like to give you a FREE gift on my group. I guarantee it will change your life forever. It made a tremendous impact in several areas for me...
https://www.facebook.com/cillieheretohelp/videos/1937573276564892/