5 ms·
What are you talking about? Insane YoY rev growth. Still on a hockey stick growth curve. Lower PE than Apple. Best FCF in the biz. Well positioned to take over
by xvector 2y ago
What are you talking about? Insane YoY rev growth. Still on a hockey stick growth curve. Lower PE than Apple. Best FCF in the biz. Well positioned to take over VR if it becomes a thing. WhatsApp is ripe for monetization.
Talk to any staff+ eng at Meta in Ads and they will tell you there's a lot of low hanging fruit left. Sure the music will stop eventually (it always does) but there's no evidence that's soon.
People need to separate their hatred of Meta/Zuck from an objective analysis of the company. Meta has been and continues to be an amazing stock to own.
- NBJack 2y agoI actually did. They were instead talking about the implications of GPDR, how they are switching to secure multiparty computation to try and side step restrictions, the looming threat of other data restrictions coming onto the scene soon internationally, the aging userbase, the concern they can't trace who is buying what via ads anymore (i.e. did that sneaker ad result in a Nike purchase), etc. They either didn't have any low hanging fruit left, or were certainly tight lipped about it.
- blago 2y ago> Well positioned to take over VR if it becomes a thing. This is an incredibly generous way to admit that Meta failed their pivot to VR and they will probably never recoup the tens of billions of dollars that was spent on it.