Quote:
Originally Posted by Rochard
It might just be good business - they are buying any company that might provide them with serious competition in the near future.
I'm currently reading a "Titan" about Rockefeller and that's pretty much exactly what he did with Standard Oil. If Facebook buys Instagram and Snapchat and a few others, they completely dominate social networking.
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I think that's all it is really. In most cases I don't think they buy these websites to turn a profit. I think they buy these sites to control the future of that site.
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