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The only thing that matters to see their trajectory is their performance with respect to their industry peers. So assuming they're just an online entertainment
by kristopolous 4y ago
The only thing that matters to see their trajectory is their performance with respect to their industry peers.
So assuming they're just an online entertainment company, Netflix is higher, Twitter is about the same, Disney is probably on the up, Activision and EA have similar downward trends, so I don't know, might still be too noisy to tell.
Personally if I were a betting man I'd be shorting them hard. People are quickly souring on the entire social media industry. There's no reason it had to stay around
- colinmhayes 4y agoNetflix has much bigger problems than Facebook. Meta only has one real competitor right now, and they can easily coexist since they’re both free. Netflix is actively being canibalized by the rest of the media market because it turns out that making tv and movies isn’t a zero marginal cost business and is largely a zero sum game.