441–450 of 556 posts
This is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of al…
Facebook’s core business model appears to be in decline. They don’t have a very diversified revenue stream despite trying various side businesses. This is the market worried that Facebook’s best days are behind it. Facebook is betting the farm on the metaverse stuff but without meaningful financial results that’s not going to placate market concerns over what looks like a downhill future for the core businesses. Face…
a similar pattern is happening on instagram although to a lesser degree
the metaverse bet is a good one to try and make something new where the value requires you to be on the fb platform. we will see if it works. i personally don’t see it going anywhere
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So in other words TikTok has made them have to pause and switch to prioritize Reels (which are in every way worse than TikTok BTW) and that means less eyeballs on ads. Honestly Facebook at this point is entirely unusable. My feed is full of shit I don’t want (and I block ads at DNS level so I can’t even imagine what it looks like for most people): Reels, half baked “memes” that are just really random thoughts from pe…
> My feed is full of shit I don’t want I don't log in to Facebook very often, but when I do it's not bad at all. I scroll through a few updates from friends and family and catch up with a few people, then I close it for another week or two. There isn't just one "Facebook" that we all see, obviously. Your feed is going to be a reflection of the groups you've joined and the friends you keep (and haven't muted). If you'…
I am actually grateful b/c I was addicted to FB. I broke that addiction and the reintroduction hasn't been anywhere close to where it was. Now twitter has seemed to become better... but maybe I've changed.
HN is still well, still here, maybe I should leave and see what I think in 6 months.
This is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of al…
I wonder why they didn't buy TikTok when it was starting to become popular like they did with Instagram or Whatsapp. Maybe they thought it was going to fail like Vine and other short video platforms.
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It's not really plausible that the market can predict Facebook's earnings to within 5% and that such a small miss would cause a rational investor to value Facebook 20% lower. This seems more like a symptom of the market being generally skittish, with a small side of "expected" earnings actually being a low-biased estimate, so it's more like a 10% miss.
If Facebook's earnings growth is 5 percentage points per year lower than previously believed, then after less than five years, that's 20% less profit. Markets extrapolate growth rates into the future, not just the next quarter.
Zuck is also kind of saying that their slice of the pie is getting smaller due to competition like Tiktok. That just kills sentiment.
Hard to say if the metaverse will play out favorably or if it is going to just be hype. If I were to tell my past self 10 years ago that this is the world we live in now with EVs and cryptocurrencies etc being mainstream I would certainly not believe it nor would I have bet the farm on Elon or Bitcoin
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> If a stock is priced at a huge multiple to earnings and sales... FBs P/E ratio was well into the value stock territory of ~22 before this dip. They were trading at the lowest multiple of any other big tech company by far, now they're even more insanely undervalued from a fundamentals perspective. I realize that doesn't matter in the age of the meme stock, but personally I'm still pretty bullish in the long term and…
For reference the S&P average P/E is ~25.96. FB at it's worst is growing much faster than average, it's balance sheet is healthier than almost every other company beside MAAG, and yet it is valued below average.
Make of that what you will.
Also, re: the parent comment, a P/E of 22 would traditionally never be called "value stock territory"...whether or not that valuation is too pessimistic about Facebook's growth prospects.
This is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of al…
So in other words TikTok has made them have to pause and switch to prioritize Reels (which are in every way worse than TikTok BTW) and that means less eyeballs on ads. Honestly Facebook at this point is entirely unusable. My feed is full of shit I don’t want (and I block ads at DNS level so I can’t even imagine what it looks like for most people): Reels, half baked “memes” that are just really random thoughts from pe…
Then maybe a year ago they started focusing on non local/commercial sales and it rapidly degraded to the point where it's not worth using now. It seems like they have diverted all traffic to paid listings so my cheap yardsale-esque deals on stuff I'm trying to get rid of get no views (where a year ago I would get ten messages a day for the same item)
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99% of what you see is updates from friends, but are you seeing all of your friends updates? When a friend posts, I want to see it. Simple. Sometime, years ago, FB decided to pick and choose what to show me from my friend's feeds. That's when I skipped out of FB, deleted my account.
I want to hear about everything that my friends want to tell me so long as it requires a slight modicum of effort on their part. Facebook turned everyone into bulk junk mailers. They pay the postage and then slap ads on the flyers everyone sends out. People get to spam their friends with basically zero effort. If Facebook can weed out zero effort, low value posts from my friends with a high degree of accuracy that at…
This explains the shift to Meta. The current company is basically dying, and so they are going to bet the house on something new. Apple really did a number on them by restricting the data they can collect
Facebook is dying slowly in the developed world, that is true. However it is still growing in emerging markets. And most importantly: FB is still generating tons of cash to fund the other assets. WhatsApp has basically zero monetization right now but billions of users. Huge potential cash cow. Instagram still has a ton of potential for further optimized monetization. Think fully embedded 1-click buying for things lik…
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https://cloud.tencent.com ?
My bad! I meant any exposure outside of mainland China. However it appears as if Alibaba Cloud may have almost none either. I also did not know Tencent cloud was in double digit Chinese market share now. So yeah, incorrect there. On the whole, Facebook is the one web giant across the world that does not do cloud computing at all or much enterprise.