3 ms·
the game is you're supposed to beat analysts figures at the very least. easier when you have headroom or extra trick up your sleeves. I vaguely remember there w
by alliao 4y ago
the game is you're supposed to beat analysts figures at the very least. easier when you have headroom or extra trick up your sleeves. I vaguely remember there was a time when facebook was so hot they were able to cook up a nice round figure for revenue or something prior or for IPO. pure flexing.
- pid-1 4y agoWhy? Facebook isn't a Hedge Fund. They want to beat their competitors, not market research predictions.
- mhh__ 4y agoHedge funds also aim to beat their competitors
- uoaei 4y ago> They want to beat their competitors Not quite. They want to satisfy shareholders. Beating competitors is second-order because the shareholders will be happy (read: get more money) when that happens.
- threeseed 4y agoZuckerberg doesn’t need to care about shareholders when he can’t be removed.