4 ms·
This is about more than just click fraud. False claims of user growth have propelled Facebook's stock upward. That's securities fraud.
by thinkcomp 7y ago
This is about more than just click fraud. False claims of user growth have propelled Facebook's stock upward. That's securities fraud.
- simonebrunozzi 7y agoI don't have a clear opinion on the topic you wrote about (it's fascinating, but it's also controversial, and I would need to spend much more time reading many other details, to be able to have an informed, strong opinion), but if you are so convinced that this is securities fraud, wouldn't suing Facebook be an option? Have you considered it?
- bsaul 7y agoDo you think the market actually looks for users growth on facebook.com that much, now that it has passed the billion mark, has proved to be profitable with ads, and is making a huge chunk of its latest growth using other sites and apps (mainly instagram and whatsapp) ? I wouldn’t say fb is totally pure, but hyping number is i think the general rule with companies whether they are public or private. That’s why we have analysts, notation agencies, and why stock exchange requires publishing hard facts, which analysts can cross and match with high scrutiny.