Facebook got it's face melted

[zubs]

Today it is back to its 2015 valuation @ $97

So I have this story I wanted to tell for the longest time about Meta...FB
A friend who works for one of FB's big vendors says he always has to bribe the FB buyer for business. He is always complaining to me about how much he has to put on his company's credit card.

He said FB is a software company that doesn't really understand the hardware space...therefore, their weak policies allowed these bribing problems to persist. A company like AAPL clamps down hard on their buyer/vendor relationship while FB is lackadaisical.

 

[Danimal]

I dumped all my FB shares 2 years ago when i talked to my young nephews about social media. I bought these share ls few months after IPO and held on to them. They basically said one thing to me that struck my mind “these days if you use facebook, you are as old as dinosaurs”.

Sometimes, you gotta pay attentions to little clues from every day conversation.

FB stock is done. Zuck is driving to the ground with his VR personal hobby. I highly doubt if this VR thing will be mainstream.

 

[The Motor Court Company]

Amazon too, to a lesser extent.

 

[zubs]

i'm getting myspace vibes.
why amazon?

 

[The Motor Court Company]

Amazon is macro, Meta is macro plus competition plus reality lab money pit. Gotta give it to Mark, pivot or MySpace2.