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How does the SEC not crack down on Facebook misleading investors around the number of "active" users?
by jaaames 9y ago
How does the SEC not crack down on Facebook misleading investors around the number of "active" users?
- prostoalex 9y agoIt’s a secondary metric and investors only carry about the revenue/profit. (Look at Snap, whose user count is growing, and stock price is not). And since FB advertisers are paying for engagement, not impressions, the amount of ad fraud is likely insignificant.