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It would have cratered their gross margins though, which would have meant a (potentially permanent) hit to the share price. I agree that it would have been a g
by disgruntledphd2 4y ago
It would have cratered their gross margins though, which would have meant a (potentially permanent) hit to the share price.
I agree that it would have been a good strategy, but that's (presumably) why they never did it.
- danpalmer 4y agoInteresting. Is that because payments are much lower margin than ads? Surely investors would be smart enough to see the additional revenue, and likely additional benefit to the ads business, as being worth it?
- disgruntledphd2 4y agoInvestors like standardized numbers apparently
- lvl102 4y agoPayment has much higher multiple especially compared to FB. It’s quite literally the closest thing to printing money.
- disgruntledphd2 4y agoIt doesn't have the same margins as advertising.