| ▲ | Rapzid 3 days ago |
| Totally. I'm sure I'm not alone in saying that if I had to pick a FAANG to put all my retirement savings into Meta would absolutely not be my pick. Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it. |
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| ▲ | dron57 3 days ago | parent | next [-] |
| Meta is going to have higher ads revenue than Google this year. |
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| ▲ | torginus 3 days ago | parent | next [-] | | Social media is an extremely competitive landscape, with competitors rising overnight. Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt. | | |
| ▲ | John23832 2 days ago | parent | next [-] | | > Social media is an extremely competitive landscape, with competitors rising overnight. This is not true at all. There are two players. FB/Instagram and TikTok. Using one does not preclude using the other. Other than tiktok, who was the last new player in social? > Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt. Whole countries literally run on WhatsApp. | | |
| ▲ | torginus 2 days ago | parent | next [-] | | https://en.wikipedia.org/wiki/List_of_most_popular_social_pl... There are all kinds of social media, its segmented by userbase, and culture/geography. Telegram has 1B users (which is surprising to me, I thought it was an ex-Soviet thing), and there are entire geographic strongholds, such as Russia and China. Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp. | | |
| ▲ | lmm 2 days ago | parent | next [-] | | > There are all kinds of social media, its segmented by userbase, and culture/geography. Your own link has Meta with 3 of the top 4 platforms. Can you really see any of the competitors overtaking them in even the medium term? > Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp. China doesn't use Google either, and while they might use Windows they're staying off Azure which is where Microsoft's main business is these days. Yes there are countries which stay off Meta. But they are just as embedded in the workings of the world as any of the companies you mentioned, probably more so. Government decisions are made by people using a mix of Apple, Google and Microsoft hardware - but all of them are communicating over WhatsApp. | |
| ▲ | aworks 2 days ago | parent | prev [-] | | 3B Facebook users! And for all the scorn it gets on HN, Facebook still works for some of my use cases: high school friends, low-contact relatives, obscure geography groups, the Philippines. |
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| ▲ | tshaddox 2 days ago | parent | prev | next [-] | | You don’t consider YouTube to be social media? | |
| ▲ | drivebyhooting 2 days ago | parent | prev [-] | | I wish WhatsApp would get nationalized.
I absolutely hate having to use it. |
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| ▲ | canes123456 2 days ago | parent | prev [-] | | That has been the talking point since facebook launched. |
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| ▲ | Rapzid 2 days ago | parent | prev | next [-] | | It's not diversified enough IMHO compared to those other companies. That makes its market cap fragile and vulnerable to disruption. | |
| ▲ | alex1138 2 days ago | parent | prev [-] | | I'm convinced all of Meta is fraud though so that's not surprising |
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| ▲ | matwood 2 days ago | parent | prev | next [-] |
| > Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it. Short of social media being classified as something like alcohol or cigarettes, you will lose money on this trade. You’re betting against ingrained human nature. |
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| ▲ | loeg 2 days ago | parent | prev | next [-] |
| If you try and hold a short position for 25 years, you will lose all your money, even if you were right. |
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| ▲ | seattle_spring 2 days ago | parent [-] | | I'm convinced that 99.9% of folks online who claim they're going to "short a stock" have never actually shorted anything in their life. |
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| ▲ | rvz 2 days ago | parent | prev [-] |
| > Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it. Not a good idea. Meta has hundreds of leavers to find more profits from anywhere. |
