their core product IS 1 of 2 humans on earth. the product is used by advertisers... | Hacker News

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		thrown-0825 4 months ago \| parent \| context \| favorite \| on: Mark Zuckerberg freezes AI hiring amid bubble fear... their core product IS 1 of 2 humans on earth. the product is used by advertisers to sell stuff to those humans.

butlike 4 months ago [–]

So you're saying the ad revenue sort of allows them to "be their own bank?"

Then they can bankroll their own new entrepreneurial ideas risk-free, essentially.

thrown-0825 4 months ago | [–]

They are a publicly traded company, shareholders are their bank.

butlike 4 months ago | | [–]

What's a buyback?

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