Reasons to think that, in terms of influence if not wealth, Facebook has peaked • Hacker News Board

Re: Reasons to think that, in terms of influence if not wealth, Facebook has peaked

#111

Post by dang » Sun, Feb 18, 2018, 10:29 PM UTC

gaius wrote: post #97

dang wrote: post #66

Earlier quoted context omitted.

Ah I see! Well, you'd have to take it up with them, but the BBC publishes all kinds of things.

the BBC publishes all kinds of things Mostly "someone said something on Twitter" and "here are some more personal opinions of Laura Kuenssberg". Their days of being a serious news organisation are long over.

That's a popular kind of thing to say on the internet, but IMO a good habit to stay out of. From an HN point of view it's far from true:

https://hn.algolia.com/?query=bbc.co.uk%20points%3E10&sort=b...

https://hn.algolia.com/?query=bbc.com%20points%3E10&sort=byD...

Re: Reasons to think that, in terms of influence if not wealth, Facebook has peaked

#112

Post by itronitron » Mon, Feb 19, 2018, 1:08 AM UTC

titanomachy wrote: post #79

itronitron wrote: post #75

Earlier quoted context omitted.

Anecdote^3 ... none of my personal friends have more than zero facebook accounts :)

Where do you live?

in a cave apparently, seriously though I don't have many personal friends

Re: Reasons to think that, in terms of influence if not wealth, Facebook has peaked

#113

Post by [deleted] » Mon, Feb 19, 2018, 1:11 AM UTC

logicallee wrote: post #87

itronitron wrote: post #75

Earlier quoted context omitted.

Anecdote^3 ... none of my personal friends have more than zero facebook accounts :)

>none of my personal friends have more than zero facebook accounts There's no way this is true

[deleted]

Re: Reasons to think that, in terms of influence if not wealth, Facebook has peaked

#114

Post by starchild_3001 » Tue, Feb 20, 2018, 4:37 AM UTC

Hey guys, don't believe in doomsayers.

Market (aggregate opinion of investors) is often smarter than each individual.

The market assigns a fairly healthy P/E ratio to FB. Similar to that of Google. Both better than that of AAPL.

All in all, I'd ignore this dude's predictions. Facebook has a bunch of smart people. Market is factoring in plenty of growth into FB's stock. Given market's expectations, I'd bet this guy is wrong.

https://www.nasdaq.com/symbol/fb/pe-ratio

https://www.nasdaq.com/symbol/goog/pe-ratio

http://www.nasdaq.com/symbol/aapl/pe-ratio

(2018 was a special year due to a one-time write-off, check out 2019 and beyond)