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Here is the Facebook growth for the last 4 years: 2018 2019 2020 2021 37.35% 26.61% 21.60% 37.18% This does not look like a dying c
by avrionov 5y ago
Here is the Facebook growth for the last 4 years:
2018 2019 2020 2021
37.35% 26.61% 21.60% 37.18%
This does not look like a dying company.
The article is very quick to jump to conclusions. The silicon valley is way more than Facebook. It is not clear even if Facebook will decline from here. Microsoft was able to survive 10 - 15 bad years due to their enormous size.
I don't expect Metaverse to bring them significant revenue anytime soon, but they have a good chance to copy TikTck and slow them down. They did a good job in slowing SnapChat before.
Source: https://seekingalpha.com/symbol/FB/income-statement#view_type=yoy_growth https://seekingalpha.com/symbol/FB/income-statement#view_typ...
- rmbyrro 5y agoI think reaction is more about fear of prospect future than actual signs of effective weakness. People in the stock market are in a race to who's going to anticipate the future better and faster than others. What these people are projecting is that Facebook may not be dying now, but will start dying soon.
- vanusa 5y agoIs revenue likely to continue growing if the user base is ... shrinking?
- avrionov 5y agoGood question. Too many variables to predict what will happen: - The user base may not shrink, if they figure out how to build a competitor to TikTok. - Some of the new projects may bring more users - They can monetize WhatsApp
- rmbyrro 5y agoThey already monetize WhatsApp, in a way, by harnessing it's data to increase value of their ads platform. Not sure users would accept ads directly on their chat inboxes. Seems to me this kind of thing didn't work for Gmail, for example.