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when will we see the same for Facebook? If Twitter falls then it's a shift in investor's attitude towards "should make lots of money at unknown time down the ro
by brilliantcode 10y ago
when will we see the same for Facebook? If Twitter falls then it's a shift in investor's attitude towards "should make lots of money at unknown time down the road".
Money today is more valuable than money tomorrow. Tech seems to have been a curious exception as it was in the 2000 bubble.
- awa 10y agoIf you look at the financials, FB is making a chunk of money already.
- kin 10y agoI don't see it happening any time soon if at all. Companies spend an insane amount of money advertising on Facebook platforms. If you're at all familiar with how companies buy ads in digital marketing, you'll realize how Facebook's targeting is super valuable and companies pay a pretty penny to target specific users. Not to mention, Facebook is quite the pioneer in tech. React is one of the most used front end libraries and the community around it is super positive. Then there's VR and their progress in 360 video. The list really goes on with Facebook.
- Mahn 10y agoFacebook is massive, at nearly 2 billion users they hold a monopoly that covers most of the connected world, and it's only going to continue to grow. They are not going away. Twitter on the other hand, it's not that they have failed, but probably that they were aiming a bit too high. Investors were likely expecting another Facebook, but Twitter is never going to become that, because it's not perceived as a fundamental part of people's digital lives. Everyone has a Facebook account, but only some use Twitter.