Facebook lost more than Tesla's market cap
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Facebook lost more than Tesla's market cap
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Re: Facebook lost more than Tesla's market cap
#2World's smallest fiddle, Zuck. World's smallest fiddle.
Re: Facebook lost more than Tesla's market cap
#3The 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 everyone already knew that GDPR was going to happen before this latest scandal broke, and Facebook was already prepared to comply with it. I doubt the US Congress in its current state would pass anything as strict as that.
Re: Facebook lost more than Tesla's market cap
#4The 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.
Re: Facebook lost more than Tesla's market cap
#5The 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…
Why is a social network needed. Maybe because I am mostly a loner so I don't get it. I was on Facebook for few years as more people that I knew got on it just made get off it.
Re: Facebook lost more than Tesla's market cap
#6The 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…
Using their messenger app, not the main app.
Re: Facebook lost more than Tesla's market cap
#7The 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 think the scandals will keep coming, the media will keep banging the drum, and I think people will demand regulation. A few techie libertarians won’t even be heard amidst that noise.
People already have had serious reservations about how fast things have been changing, and if you think that death by robot car and privacy violation by social media isn’t going to create a backlash, you’re not reading your history. It won’t help the tech sector that “old media” has everything to gain by keeping this dripfeed going.
This is a first wave, and while it will recede, there are more and bigger waves to come.
Re: Facebook lost more than Tesla's market cap
#8Facebook isn't going to disappear, but the company's valuation has fast growth baked in the cake.
We're already seeing dramatic deterioration in DAUs and minutes per user.
This episode will cause a few users to leave Facebook completely, but many more will use it less.
And that deceleration in the growth rate will need to be offset with an acceleration in earnings and cash flow for the stock price to increase from here.
Re: Facebook lost more than Tesla's market cap
#9The 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…
Why is a social network needed. Maybe because I am mostly a loner so I don't get it. I was on Facebook for few years as more people that I knew got on it just made get off it.
I'm not a loner, but I did find that it wasn't that hard to adjust to not having FB. One imagines all the things you'll miss out on by not having it, but honestly, you don't need to see what the deepest crevices of your social network are up to.
People you're actually close to matter 100x more, and you're going to stay in touch with those people regardless.
Re: Facebook lost more than Tesla's market cap
#10The 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…
Why is a social network needed. Maybe because I am mostly a loner so I don't get it. I was on Facebook for few years as more people that I knew got on it just made get off it.
I don't get it either. Email has always worked just fine for me to stay in touch with friends and family.
I have a Facebook account that I set up for some service that needed it for a login. But I've never used it beyond that.