Quote:
Originally Posted by Fuzz
Even if I agreed, I just couldn't do it. But I think they have a lot more pain to roll through. Where is the upside? The Metaverse is not going to be a thing, so new products are questionable for revenue.
The youths have no interest in it, growth has really slowed(and does anyone really believe 3.84 billion people are monthly active users? Half the Earth's population? Sounds suspicious. So growth is out.
It seems they've maximized advertising dollars, so not much there...I just don't know where an upside is.
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I mean, I don't own them but there are 3 really obvious levers they could pull to increase profits.
1) stop spending on metaverse. That would lower expenses massively and the market is giving them 0 credit for it working.
2) monetize Instagram
3) monetize whatsapp