How Much Money Does the Facebook Ecosystem Produce?

Facebook went down the other day for the first time I can remember.

Got me thinking about how much money is being lost every minute they are down.

I know individuals who spend upwards of $50,000 each day on Facebook advertising, which is actually nothing compared to the big brands.

If you take into consideration:

  • All the revenue being lost by Facebook themselves
  • The opportunity cost of a large portion of Facebook’s employees not being able to do their jobs properly
  • All the hundreds of thousands of advertisers who’s ads are not being displayed
  • Hundreds of thousands of brands who’s posts are not being read of their fanpage walls
  • All the apps that have gone down, including massive platforms such as Zynga
  • All the third party Fabook developers who cant work right now cause Facebook is down
  • Social media managers who cant do their jobs
  • Loss of data from 3rd party analytics companies
  • Probably many other things I cant think of.

Facebook is SO massive that anything it does has a massive ripple effect. I once read a while back that the Facebook ecosystem had created over 220,000 jobs, that number is probably much larger now.

Crazy to think about.