Facebook takes $120 Billion Loss in Market Value

[☑︎#VoteDemocrat]

Facebook doesn't offer any utility right now. Twitter is the platform people care about.

 

[Pimp]

People will eventually leave Facebook in favor of something else. It always happens. There were millions of people that 16 years ago would’ve said that AIM isn’t going anywhere. And now it’s gone.

When Facebook bought Instagram that was game over. Facebook will buy or copy any competition. They have become too big to fail.

 

[Rekkapryde]

People will eventually leave Facebook in favor of something else. It always happens. There were millions of people that 16 years ago would’ve said that AIM isn’t going anywhere. And now it’s gone.

Nah dog, mufukkaz are WAY more invested in this shyt than other forms of Social Media. It's fukkin mindblowing. Esp with older people now.

 

[ExodusNirvana]

I'll never understand how Myspace Jr popped off like it did

It was simple when it started.

It got rid of a lot of the fluff and clutter that doomed MySpace...then added the fluff and clutter that doomed MySpace

 

[Serious]

damn, i wish i could lose $15 billion in a day and still be worth $70B.

It's 77B breh
and yes It matters

 

[BushidoBrown]

Facebook doesn't offer any utility right now. Twitter is the platform people care about.

Twitters stock took a hit after they reported earnings too

Its not necessarily about being a platform that people care about

What matters is the company’s ability to turn a profit and increase shareholder value and convince people that it will continue to grow and/or be profitable at an increasing rate

Theres tons of companies that ppl dgaf about thats making millions upon millions of dollars

 

[BushidoBrown]

It was simple when it started.

It got rid of a lot of the fluff and clutter that doomed MySpace...then added the fluff and clutter that doomed MySpace

 

[ineedsleep212]

 

[AB Ziggy]

Twitter users are going to Instagram

 

[BushidoBrown]

Twitter users are going to Instagram

and as previously stayed in this thread, guess who owns instagram

 

[Domingo Halliburton]

Buying opportunity.

 

[wtfyomom]

Its bullshyt to me that 2 of the 3 richest people in the world (well idk where zuck is exactly at now) are bezos and zuckerman, theyre fukkin glorified middle man that provide no service.

 

[BigMoneyGrip]

Russian bots couldn’t hold the fort