A Facebook Open Thread
I don’t know how closely you follow Facebook news, but Mark Zuckerberg recently went from being the third-richest person in the world to the sixth. On the plus side, he set a new record! For… um… losing money.
As Time reports:
Mark Zuckerberg lost more wealth in a single day than the entire market value of Molson Coors Brewing Co., or Nasdaq Inc. or Ralph Lauren Corp.
In fact, about 175 companies in the S&P 500 are worth less than the $15.9 billion that vanished from the fortune of the Facebook Inc. co-founder as shares of the social-media giant plunged 19 percent Thursday.
I’ve been seeing more and more people arguing that we should #DeleteFacebook, but a lot of us are tied to Facebook whether we want to be there or not — after all, it’s where everyone else is.
So let’s make this a Facebook open thread: Do you use it? Do you like it? Do you wish you could delete it? Are you reading this article because The Billfold is part of your Facebook news feed?
Support The Billfold
The Billfold continues to exist thanks to support from our readers. Help us continue to do our work by making a monthly pledge on Patreon or a one-time-only contribution through PayPal.