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I own Facebook shares. I’m not worried. Facebook owns several other properties and has the cash horde to buy more properties.
by matte_black 9y ago
I own Facebook shares. I’m not worried. Facebook owns several other properties and has the cash horde to buy more properties.
- wyclif 9y agoYes, and this is important to understand about Facebook. Let's say for the sake of argument (and I don't really think it will pan out, but let's pretend for a sec) that Facebook takes a serious hit from the Cambridge Analytica fallout and the company is weakened considerably. Well, they're shown before that they can spin off a new "communications product" under a new name and effectively shed a lot of the ill will surrounding the parent company, but still leverage the massive benefits of their cash reserve and talent.