3 ms·
Death spiral, absolutely. All it took for me to have a Silent Generation (pre WWII birth) divest from about $1M in META was to have her ask her great grand-dau
by ProllyInfamous 3y ago
Death spiral, absolutely.
All it took for me to have a Silent Generation (pre WWII birth) divest from about $1M in META was to have her ask her great grand-daughter "do you use Facebook?".
The obvious answer was "NO, that's for OLD people!"
As a late-30's American, I haven't been on FB since the early 2010's... good riddance!
- deleted 3y ago[deleted]
- fmajid 3y agoIt's pretty clear to me that each successive generation will deliberately pick a different social networks than its parents, and FB is experiencing this generational churn. First it was millennials to Instagram, but Meta also owns IG. Gen Z chose TikTok (and Fortnite), however, neither controlled by Meta, and that's hurting them. The next generation (Gen Alpha) like my daughter will pick something other than TikTok, even if it hasn't been banned by then. https://en.wikipedia.org/wiki/Generation_Alpha https://en.wikipedia.org/wiki/Generation_Alpha
- 121789 3y agoit sounds like this elderly person is making horrific financial decisions. nearing the end of life and investing in risky equities and changing significant investment allocations after hearing a 12 year old talk
- anthonypasq 3y agoyou are aware that Meta owns instagram and whatsapp right and facebook is still very heavily used in the developing world? your little question is extremely naive and myopic and probably not the sort of thing you should be using to make investment decisions