With more than 2.6 billion daily users, there’s no denying that Facebook (NASDAQ:FB) reaches a lot of people around the world across its free-to-use properties: Facebook, Messenger, Instagram, and WhatsApp. Most of the tech stock’s revenue is from advertising, so how does Facebook stack up on user monetization compared to its competitors?
Corinne Cardina, Fool.com’s healthcare and cannabis bureau chief, spoke with Nick Sciple, the bureau chief of tech, energy, and industrials, on a Fool Live episode recorded Feb. 11, about the eye-popping profit Facebook makes off each of its users.
Corinne Cardina: It’s the attention economy. They are selling