$100k is nothing to these people. It’s like your or I paying $0.25 a day. They see it as the cost of doing business.
Norway has a population of 5-6 mil. I don’t think there’s enough of them to generate 100k/day, is there? Or maybe that’s worth it, what do I know? They’re not gonna get fined that much anyway
Based on https://www.investopedia.com/ask/answers/120114/how-does-facebook-fb-make-money.asp 39$/user/year for Facebook & Messenger alone. In a country of 5-6M people, let’s say 5.5M, with 70% of the population being users ( from: https://www.statista.com/statistics/584917/facebook-users-in-norway-by-age-group/ ), that gives ~3.85M users * 39$ = 150.15M$/year, 12.5M$/month, or 417k$/day. Norway is a rich country, so one should assume a Norway user’s revenue is higher than the 39$ average.
So, 100k$/day is certainly a decent figure for Norway’s operations, meaning a local Facebook senior manager must be in panic right now. But Would that local senior manager have any power to change anything given Norway is such a small market but yielding would set a precedent for all other EU members? That’s what is at stake!
It should be a number “per user” “per day” not just a “per day”. Make it really hurt based on how much it’s being done.
Or just make a cost per day that is punitive.
If I did something outright evil and criminal, and my only punishment was a $0.25 fine, I would feel motivated to keep doing it again.
My point is that the costs shouldn’t be the same if you do something evil to one user, vs a million. If it were, it’s just a loss leader until I can make more than I lose.
I mean, any money flowing from them to nation is good at the end of the day.
That’s peanuts for a company that size. That’s the cost of doing business.
Facebook somehow makes about $18 per person on the planet in ad revenue.
Norway is 5 million people or $90 million/year all else being equal.
$100k/day is $36.5 million/year.
So, it’s less than it should be by probably a factor of 4-5, but still not so small they won’t feel it
There’s Norway we’re paying that, ha ha. More zingers like that over on Threads!
So, about .000000001 of what they make a day?
How many people do you guys know who have Signal installed who also use Facebook / Insta? Feel like these are separate circles in a venn diagram.
