Goldman Sachs and Facebook

[big_electron]

finance.fortune.cnn.com/2011/01/05/facebook-raising-goldman-money-so-it-wont-go-public/

Just this week, Goldman Sachs invested $500 million into Facebook. If this money were invested into something that creates jobs, I'd be happy. But what does Facebook do? Facebook must have something that GS wants.

You don't get $500 million for nothing.

[MaybeNever]

Facebook has a prototype for mind control technology, or maybe some kind of EM beacon that subconsciously draws people to it. This is based on the fact that everybody I know uses Facebook like they need it to live.

[Distind]

Mass marketing / market research.

All that information people put out there has to be good for something right?

[shykid]

Data mining, my dear boy.

Facebook, by its very nature, has loads of demographic information for targeted advertising.

[rookie]

Jan 6, 2011 2:10:39 GMT -5 MaybeNever said:

Facebook has a prototype for mind control technology, or maybe some kind of EM beacon that subconsciously draws people to it. This is based on the fact that everybody I know uses Facebook like they need it to live.

I think this. I know how Mrs. Rookie and her friends are always on there, forever updating statuses. "I breathed in." "I breathed out." "I am tired." "I like those shoes."