General Question

XOIIO's avatar

Why didn't Google buy Facebook?

Asked by XOIIO (18259points) April 8th, 2010

Google has bought 30 companies in the past 9 years, the most notable being YouTube. Instead, they made their own, less popular version, Buzz, but why didn’t they just buy out the competition as usual?

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4 Answers

JeffVader's avatar

Hey, seeing as Facebook is now used more than Google, why not Facebook buying Google.

bluemukaki's avatar

@JeffVader: Maybe because Google returns a profit in the range of $20–25 billion USD and Facebook returns about $300 million USD.

Google already has a social network in Orkut and now in Buzz, so I would say that it is unlikely that they will buy Facebook any time soon.

While it doesn’t not make sense for Google to buy Facebook, it just doesn’t seem like the kind of move they will make.

A better strategy in the long run would be to create an ecosystem of products and services that surround social networks e.g. URL shortening services, video/photo sharing sites, social media and new aggregating services – primarily because social networks are not permanently popular (at least in the past social networks have come and gone as their popularity has grown and then been lost when the ‘next big thing’ has come along.) They’ve done a pretty good job of this already.

Bluefreedom's avatar

Next Thursday.

iquanyin's avatar

i don’t think facebook is for sale to google, so who knows if they’d buy it or not? probably not tho, for the reasons @JeffVader says.

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