Facebook lost more than Tesla's market cap

Post by [deleted] » Wed, Mar 21, 2018, 3:36 AM UTC

raiyu wrote: post #11

twblalock wrote: post #3

The stock will come back, just as Wells Fargo, United Airlines, and Intel stock came back after their scandals. Facebook in particular will come back because there is no alternative social network with nearly as many people on it. The fundamentals of the business aren't really at risk -- most of the users will stay. The impact of potential privacy-related regulation is already priced in to a large extent because ever…

It's true that many companies come back from scandal but it really depends on the impact to the bottom line. Chipotle had tremendous negative press years ago from food poisoning issues and hasn't recovered since. Even though the number of instances are in the single digits compared to millions of burritos served on a monthly basis. With social media boycott campaigns it's hard to separate the noise from impact on the…

Post by twblalock » Wed, Mar 21, 2018, 3:49 AM UTC

raiyu wrote: post #11

twblalock wrote: post #3

The stock will come back, just as Wells Fargo, United Airlines, and Intel stock came back after their scandals. Facebook in particular will come back because there is no alternative social network with nearly as many people on it. The fundamentals of the business aren't really at risk -- most of the users will stay. The impact of potential privacy-related regulation is already priced in to a large extent because ever…

It's true that many companies come back from scandal but it really depends on the impact to the bottom line. Chipotle had tremendous negative press years ago from food poisoning issues and hasn't recovered since. Even though the number of instances are in the single digits compared to millions of burritos served on a monthly basis. With social media boycott campaigns it's hard to separate the noise from impact on the…

Post by tjr225 » Wed, Mar 21, 2018, 4:14 AM UTC

stochastic_monk wrote: post #4

twblalock wrote: post #3

The stock will come back, just as Wells Fargo, United Airlines, and Intel stock came back after their scandals. Facebook in particular will come back because there is no alternative social network with nearly as many people on it. The fundamentals of the business aren't really at risk -- most of the users will stay. The impact of potential privacy-related regulation is already priced in to a large extent because ever…

I hope this sticks. My family is quitting it, after thinking I was odd for not being on it the last few years. I don’t like being a product. Yes, Google products still make money off me, but I try to minimize it, and they’re at least slightly less callous.

Post by pksadiq » Wed, Mar 21, 2018, 4:25 AM UTC

spyspy wrote: post #13

raiyu wrote: post #11

Earlier quoted context omitted.

It's true that many companies come back from scandal but it really depends on the impact to the bottom line. Chipotle had tremendous negative press years ago from food poisoning issues and hasn't recovered since. Even though the number of instances are in the single digits compared to millions of burritos served on a monthly basis. With social media boycott campaigns it's hard to separate the noise from impact on the…

Disclosure: I bought more FB today You covered the fundamental reason why Facebook _could_ suffer from this but I believe it won’t. Uber is very easy to ditch because it has well-known competitors that are just or almost as good and readily available. And uber doesn’t have years of photos, friends and interactions that I’d be losing.

Post by twblalock » Wed, Mar 21, 2018, 4:41 AM UTC

pksadiq wrote: post #27

spyspy wrote: post #13

Earlier quoted context omitted.

Disclosure: I bought more FB today You covered the fundamental reason why Facebook _could_ suffer from this but I believe it won’t. Uber is very easy to ditch because it has well-known competitors that are just or almost as good and readily available. And uber doesn’t have years of photos, friends and interactions that I’d be losing.

> Disclosure: I bought more FB today May be you can consider the moral side of what you are doing, if you care. This makes me really sad. People say, they care about privacy - theirs and others'. But they are okay making money investing for the same.