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Facebook has lost 30% of its value since July

44 points by briatx 8y ago

russdpale 8y ago
Not surprising with the news, and the stock price seems to reflect this as well. I told myself I'd buy in @ the 150 range, but Im wondering if I should wait for 140? Anyone else got plans for this? Be bold when others are cautious, and cautious when others are bold, usually.
- rak00n 8y ago
  I think that saying is only true when you know that company and its prospects very well. The question to ask here is will Facebook continue to be the ad-money tree it is right now?
  - Udik 8y ago
    Why wouldn't it? It owns the social networks space. Does it have any competitors in the west or what would be the reasons for a substantial decrease in revenues?
    - herbst 8y ago
      Think about it. It may does own the social network space. But the majority of online sociality moved away from this 'old' model. There is more action on passive sharing platforms like Snapchat, or Chat Groups in forms of Slack, Discord but also Telegram, Wechat,... And yes also Whatsapp. Personally I would not bet any money on it somehow getting new relevance in a dying format.
  - yoerivw 8y ago
    Facebook owns instagram, and instagram at this point is proving to be a great source of ad revenue and expected to grow.
fipple 8y ago
Not really, when it comes to speculative investments. A bubble didn't make it genuinely worth more and the pop didn't make it worth less.
tzm 8y ago
Anecdotal: Most people I know have dropped FB altogether, along with Whatsapp and (partially) Instagram.
agentofoblivion 8y ago
Let’s consider the future of Facebook in various time ranges: - 1 year: about the same as now - 5 years: still corners social media, but not as front and center in public consciousness - 10 years: like google and apple. Not an innovation powerhouse, but still dominant. - 40+ years: like Sears? It’s the post 10 years point that seems interesting. We basically know how the story is told for top companies.
thibautg 8y ago
If one day Facebook becomes bankrupt, what could prevent them from reselling all their/our data to the highest bidder?
- disgruntledphd2 8y ago
  The FCC consent order they signed in 2012.
lost_at_sea 8y ago
OK, so we're almost halfway there.

44 points by briatx 8y ago

Not surprising with the news, and the stock price seems to reflect this as well. I told myself I'd buy in @ the 150 range, but Im wondering if I should wait for 140? Anyone else got plans for this? Be bold when others are cautious, and cautious when others are bold, usually.

rak00n 8y ago
I think that saying is only true when you know that company and its prospects very well. The question to ask here is will Facebook continue to be the ad-money tree it is right now?
- Udik 8y ago
  Why wouldn't it? It owns the social networks space. Does it have any competitors in the west or what would be the reasons for a substantial decrease in revenues?
  - herbst 8y ago
    Think about it. It may does own the social network space. But the majority of online sociality moved away from this 'old' model. There is more action on passive sharing platforms like Snapchat, or Chat Groups in forms of Slack, Discord but also Telegram, Wechat,... And yes also Whatsapp. Personally I would not bet any money on it somehow getting new relevance in a dying format.
- yoerivw 8y ago
  Facebook owns instagram, and instagram at this point is proving to be a great source of ad revenue and expected to grow.

fipple 8y ago

Not really, when it comes to speculative investments. A bubble didn't make it genuinely worth more and the pop didn't make it worth less.

tzm 8y ago

Anecdotal: Most people I know have dropped FB altogether, along with Whatsapp and (partially) Instagram.

agentofoblivion 8y ago

Let’s consider the future of Facebook in various time ranges: - 1 year: about the same as now - 5 years: still corners social media, but not as front and center in public consciousness - 10 years: like google and apple. Not an innovation powerhouse, but still dominant. - 40+ years: like Sears? It’s the post 10 years point that seems interesting. We basically know how the story is told for top companies.

thibautg 8y ago

If one day Facebook becomes bankrupt, what could prevent them from reselling all their/our data to the highest bidder?

disgruntledphd2 8y ago
The FCC consent order they signed in 2012.

lost_at_sea 8y ago

OK, so we're almost halfway there.