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Hey FB, you know how DAU is your most important metric and basically the only thing keeping you afloat. What if you just... cut it in half?
by meetups323 5y ago
Hey FB, you know how DAU is your most important metric and basically the only thing keeping you afloat. What if you just... cut it in half?
- titzer 5y agoConsidering that FB stock price has dropped to about where it was at the beginning of 2017, just from a tiny recent decline in DAU...It now has 1.9 billion DAU vs 1.2 billion then. Wasn't it insanely overvalued back then? FB has been endlessly tripping forward, trying to justify its insanely overvalued stock price since its IPO. Its value reflects the market's speculative estimation of the platform's value...to advertisers, not users. I say, in all brutal honesty, I give zero fucks about a company going from a $900 billion market cap to just a mere $600 billion. Cry us a river already.