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Facebook has lost $100B in 10 days and now advertisers are pulling out

business.financialpost.com

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Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#6
post #2

The bigger problem is recruiting. How many offers will be declined in favor of Google, startups, etc...

I don't believe that recruiting is a big problem. Their immediate problem is that money isn't coming in. When you don't have money coming in you're not worried about hiring more people.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#10
I fail to see how this will seriously damage them. They already own the two biggest alternatives to facebook - Instagram for pictures and WhatsApp for communication. More people are using their services than ever before and more people are getting access to the internet in developing countries.
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