Facebook’s Growing Ad Exodus Means More Risks to Revenue Growth(bloomberg.com)
bloomberg.com
Facebook’s Growing Ad Exodus Means More Risks to Revenue Growth
https://www.bloomberg.com/news/articles/2020-06-28/facebook-s-widening-ad-exodus-means-more-risks-to-revenue-growth
5 comments
Sorry to disappoint you but Facebook is here to stay. They are 20 years ahead of any wannabe competitor.
Are they also above the law? I have a feeling a few folks from Facebook are going to be sent to prison before the year ends.
https://dailycaller.com/2020/06/23/project-veritas-facebook-...
This tweet from the former employee suggests that many FB employees already know this, but the money is keeping them there. Once ad revenue stops flowing, it would be interesting to see what happens next.
https://twitter.com/sebmck/status/1275363680767537154
>>They are 20 years ahead of any wannabe competitor.
Sounds an awful lot like the phrase "smartest guys in the room". Unfortunately, it didn't save Enron, because they were also the slimiest people on the planet.
https://dailycaller.com/2020/06/23/project-veritas-facebook-...
This tweet from the former employee suggests that many FB employees already know this, but the money is keeping them there. Once ad revenue stops flowing, it would be interesting to see what happens next.
https://twitter.com/sebmck/status/1275363680767537154
>>They are 20 years ahead of any wannabe competitor.
Sounds an awful lot like the phrase "smartest guys in the room". Unfortunately, it didn't save Enron, because they were also the slimiest people on the planet.
They are not above the law and nobody is going to prison. Your accusations have no merit. They achieved dominant market position through legal market competition. Their business practices can be controversial but they are learning every year. You know their CEO started Facebook in the college dorm room, you can't expect he will know everything and he will predict everything.
On the other hand Microsoft has a monopoly for 30 years straight and they as well sometimes have controversial business practices and nobody is in prison.
On the other hand Microsoft has a monopoly for 30 years straight and they as well sometimes have controversial business practices and nobody is in prison.
Facebook is quite unique in that they are like the government. No one actually likes them, but you don't really have an alternative. But once this cascades on to the rest of the ad tech industry, it will trigger another round of economic collapse which will probably crash the entire big tech bubble.