THREAD $FB
I see a lot of flippant bearish FB tweets. Typically they are politically motivated or lack data. I love hearing the other side, but haven’t seen a thoughtful bear case so I thought I’d try build it myself.
Summary: 1) Users Fall; 2) Competition; 3) IDFA; 4) Opm% fall.
The EU implemented GDPR in May 2018 and there was a very clear impact to Revenue growth in Europe after this.
Not necessarily in ROI generating initiatives but risk initiatives like privacy, moderators, risk mgmt, etc.
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