Damn kids these days. I remember when you could get a candy bar for a nickle, and we used to have to walk to school in the snow barefoot...uphill both ways!
It's funny how still today the main driver of these values placed on these lame social networking entities is users....they always talk about the amount of users and the way they can get advertisers to pay them to have access to these users on a daily basis. In over 20 years they still have yet to figure out anything outside the user base to monetize their bottom lines ... It's always about ads and more ads...... Aside from that I think there is a peak in social networking happening as well!
Like that damn Google thing, all about users and advertisers. And before that the whole television thing. And before that those newspapers. All about ads and more ads. Turns out it's a pretty viable business model and has been for a couple hundred years at least, you just have to be careful that the next ad based model doesn't poach your base as happened to traditional print and tv.
It's all about ads and more ads and more ads....I laugh at the advertising from the car companies and furniture companies they always say now is the best time to buy that Toyota, sale is ending next week meanwhile the advertising promo ends and the following week a new one comes on saying the same thing the last one said and that now is the best time ever to buy that new car, sale ends end of February, rinse and repeat.... As for ads, they are quite annoying here on the internet, lots of people install adblockers which do a great job eliminating those pop up ads that block your entire screen....that's just obnoxious and annoying...
I would have posted it here, but it is too much NSFW stuff. But yes S2000, I agree. Redirected here... https://www.elitetrader.com/et/threads/truth-in-advertising.306285/
this company is probably going to be a penny stock after this massive equity bubble bursts but i can see it being bid up at first when the IPO starts trading
This company would not have such an insane valuation if it were not for the free trillions the fed printed...... money has gone in every direction since the fed bailed out the economy and with so many trillions just sloshing through the system its creating ludacris valuations on companies that would have probably never existed....if you see where most of these startups came about most happened in the last 8 years during the trillion dollar bailouts.....and look at all the other startups that are around, most of these new companies have never ever been through an economic downturn or recession.... Just wait and see how the unicorns carry through the next bear market and deep recession....
Pretty much any start-up in any era is going to have a hard go of it in a bear market and deep recession. That's kind of the definition of those words.