4 ms·
We are on the brink of a major global economic turndown [many still in denial]. Q2/Q3 results will be telling. How does one make money selling advertising in a
by unicornmama 4y ago
We are on the brink of a major global economic turndown [many still in denial]. Q2/Q3 results will be telling. How does one make money selling advertising in a global downturn? Earnings will be crushed. Twitter is taking measures to cut fat and protect its stock price. I expect rest of FANG will eventually follow.
- grepfru_it 4y ago>rest of FANG will follow It’s already happening.
- hnaccount_rng 4y ago> How does one make money selling advertising in a global downturn? By not selling advertising but hardware. So at least the two AA of the FAANG are safe(ish), Netflix shouldn't have been in there anyways. And well FG are fine to take a hit :shrug:
- iszomer 4y agoThe return of the Peek Messenger?
- ChuckNorris89 4y ago>By not selling advertising but hardware. So at least the two AA of the FAANG are safe(ish) I doubt it. In a recession people will buy less products and subscriptions form Amazon, and less VC money means less startups, means less AWS customers. Also, people will upgrade their Apple iShiny less often, holding on to their existing devices which work well due to Apple's great SW support, and will buy less stuff from the App Store. They're safe in the sense they won't tumble, but I expect them to trim the fat by firing their lowest performers and turn the heat on existing workers. I could also be wrong though, I'm no financial analyst.