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Let's Write / To launch a successful consulting agency
« on: September 02, 2023, 11:50:01 pm »
Lastly, DREAM BIG. DO GOOD WORK. BE A GOOD PERSON, PARTNER, BOSS, CLIENT AND SERVICE PROVIDER. P.S. If you live in, near or are willing to relocate to Houston? We're hiring. ;-) The Social Media Ponzi Bubble Implodes The Next Google? Facebook had their first tranche of insider lock ups expire yesterday & the stock ended off over 5%. Anyone who has ever invested for a significant period of time knows what the following graphic looks like: the collapse of a bubble. What has caused such a poor performance for Facebook? For starters, this couldn't have.
If they committed to spending big bucks with Facebook, how could they be assured a return on their investment? Mr. Zuckerberg's response, according to one of the attendees: "That's a great question and we should probably have an answer to that, shouldn't we?" Also harming Facebook... Absurd expectations created by the stock selling hype Phone Number Data machine that is Wall Street. A perfectly executed timing of the IPO, where they went public right as their growth rate was cratering. The fact that blank banner ads get a higher CTR than the typical Facebook ad does. Many of Facebook's "active" users rarely visit Facebook. Sharing that 8.7% of their accounts are fake. The realization that there are more shares outstanding than many financial.
Websites indicate. Things like long deleted Facebook photos still appearing online, the realization that the data is used for undesirable tracking & the spooky sense of "big brother" stuff that will only become more common over time, causing people to pull back with that they share on sites like Facebook. At some point with fresh IPO companies a declining stock price becomes a self-reinforcing cycle which makes it harder (and more expensive) to attract & retain quality employees. The Real Next Google Users do not want social in search, but even if they did Google can turn it on with a flick of a switch. If you want to invest in "the next Google" at a valuation above $100 billion then the best way to do so is to buy Google. I won't claim that.
If they committed to spending big bucks with Facebook, how could they be assured a return on their investment? Mr. Zuckerberg's response, according to one of the attendees: "That's a great question and we should probably have an answer to that, shouldn't we?" Also harming Facebook... Absurd expectations created by the stock selling hype Phone Number Data machine that is Wall Street. A perfectly executed timing of the IPO, where they went public right as their growth rate was cratering. The fact that blank banner ads get a higher CTR than the typical Facebook ad does. Many of Facebook's "active" users rarely visit Facebook. Sharing that 8.7% of their accounts are fake. The realization that there are more shares outstanding than many financial.
Websites indicate. Things like long deleted Facebook photos still appearing online, the realization that the data is used for undesirable tracking & the spooky sense of "big brother" stuff that will only become more common over time, causing people to pull back with that they share on sites like Facebook. At some point with fresh IPO companies a declining stock price becomes a self-reinforcing cycle which makes it harder (and more expensive) to attract & retain quality employees. The Real Next Google Users do not want social in search, but even if they did Google can turn it on with a flick of a switch. If you want to invest in "the next Google" at a valuation above $100 billion then the best way to do so is to buy Google. I won't claim that.