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Compare market cap of others in their segment: Meta has grown a lot since then, Snap not so much.
by cma 2y ago
Compare market cap of others in their segment: Meta has grown a lot since then, Snap not so much.
- ergocoder 2y agoTo be fair, twitter hasn’t really competed or been comparable to Meta for a while. Not saying that they aren’t competitors, but it is more like they have been out-executed by Meta even before Musk’s acquisition. Way before. To be more fair, any company being compared to FB would mostly look worse.
- cma 2y agoNvidia in same timeframe far outgrew Meta, maybe no other major ones, except maybe netflix recovering from an even earlier drop. A good portion of Meta's gain was just getting back to where they were before the Apple store changes induced drop (that also hit Twitter).