damn. it’s unreal how much money they’re making these days. as a daily user, i don’t understand it. i haven’t clicked on an ad in years and clicked on far more ads 2-5 years ago. while i like the dominance of FB and its forward looking management, i have a hard time buying an expensive stock when i don’t know where the money is coming from. congrats to FB owners.
bump…dont log off
it’s dying. Would get out soon.
^ lol, they’re just getting their second wind
instagram, vr, whatsapp, content, payments…zuck got it
just set it and …
for its growth. its not expensive.
Crazy run, missed this one. Going to have to wait for the AF IPO to make my quick buck.
im just surprised they have kept growing their top/bottom line at roughly 30% per year. their multiple went from 150 at ipo to 35x now. amazazing.
They are going to invest in tech that will make a better product and give them more control over who advertises and who it reaches. Regulators are all over these social media platforms and I think these improvements will give FB’s and Goog’s industry much higher barriers of entry and better approval of the people. Will profitability be down? Yes, but look 2-3 years down the line when the tech is in place and because of that tech more foreign countries would allow social media and no other company would even try to compete at this level because of all the cost. Profitability will be down but it will return when these short term goals are accomplished. For now, I see any dips as a buying opportunity.