Let’s just say Sen. Orrin Hatch might not have the best understanding of Facebook.
The 84-year-old Utah senator didn’t seem to know how the social network — one of the two biggest advertising companies on the internet — makes its revenue. (Hint: It’s by offering a free site propped up by targeted ads.)
“So, how do you sustain a business model in which users don’t pay for your service?” Sen. Hatch asked Mark Zuckerberg on Tuesday.
“Senator, we run ads,” replied a smirking Zuckerberg.
Sen. Hatch: "If [a version of Facebook will always be free], how do you sustain a business model in which users don't pay for your service?"
Mark Zuckerberg: "Senator, we run ads."