I read a Harvard case study on this. People often forget how quickly facebook replaced myspace, and how it effectively made myspace obsolete. Reportedly, being replaced was a huge concern for Facebook and because social media was still relatively new, they weren't sure what the space would look like. Would they be replaced by an app that let people share pictures? Would they be replaced by a chat app? No one knew. But the best way for FB to secure their position was to buy those companies.

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I listened in partially and it felt weak how they will monetize AI. Currently they only have Copilot bundled into Office through a ChatGPT license. If you compare with META, they have a better setup. Their own LLMA3, which is slightly better than ChatGPT. And also integration into WhatApp business accounts and ad targeting on FB. Also, same Capex concerns as META

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Bad call. Years back sure, but now the dude can kick your ass. That would be a pretty embarrassing video..you already know he’s blasting it on FB

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More people who held FB ahead of earnings chose to harvest profits by selling to people FOMOing into the stock. Unfortunately, there was more sell pressure than buy pressure. Those who sold will re-buy and bring the price back up. That's how this work. Price action is a reflection of buy vs. sell pressure.

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Picked up META calls at the bottom, FB and Instagram are still cash cows on ad revenue. I’m long 12/20/24 450c

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Is FB just Hulu from HBO Silicon Valley?

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of course 420p was the FB strike to buy

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Microsoft and Google should dip too since they'll likely have similar costs in AI infra to FB, but this market makes no sense so they'll probably moon.

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Zuck is better off selling sunscreen on fb marketplace

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Their net income Y/Y was up 117%. The share price after the AH dump will be up about 98%. If you double your net income, you would expect your share price to double, especially for a mature business like FB. It is not as though they juiced their earnings with one off stuff, they just sold that much advertising.

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