Therefore, Mark Zuckerberg’s social media empire makes more money than Amazon. However, Amazon generates more cash than Facebook.Read more
Many people will think Slack Technologies Inc. (NYSE: WORK) is a value investment because of its low price.Read more
Microsoft is a far better candidate for FAANG membership than Netflix.Read more
However, Facebook’s manipulation of voters; like Russiagate, is gospel in the Democratic Establishment. Hence, we will get a year; or more, of increasingly nonsensical Democratic attacks on fellow Democrat Zuckerberg and his company.Read more
Importantly, Pew reports that Twitter users have some that advertisers will like. The average of an American Twitter user is 40, or seven years under the US median age of 47, Pew estimates. Thus the average Twitter Tweeter is in the 18 to 48 demographic American advertisers favor.Read more
Thus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.Read more
Durov intended TON as social media for money. To explain, TON’s goal, like Libra’s, is to enable anybody to send funds anywhere in the world at the press of app.
Thus, TON offers a totally offers a new model of finance, a decentralized currency anybody could access. Libra, however, extends the current finance system of centralized banking into the blockchain. In fact, I think the Libra Association looks like a global Central Bank.
Facebook (NASDAQ: FB) unveiled its Libra cryptocurrency proposal in June to much fanfare and controversy. Fascinatingly, an unconfirmed rumor claims Facebook employees working on the LibraRead more
Facebook’s foray into cryptocurrency, blockchain, and Fintech will only increase that criticism. However, given Zuckerberg’s track record speculators and investors should pay close attention to Project Libra. Zuckerberg could build another money machine that will make many people rich while generating vast amounts of controversy.Read more
WhatsApp proves that Facebook is a mess. However; value investors should examine the Social Network, because Facebook is a mess that makes a lot of money.
For all its faults, Facebook is still a moneymaking machine par excellence. Facebook generated $11.552 billion in cash and equivalents and $30.757 billion in short-term investments during 2nd Quarter 2018. That gave Facebook an astonishing $42.309 billion in cash and short-term investments on June 30, 2018.
Is Facebook a classic Warren Buffett value investment? Uncle Warren loves to invest in moneymaking companies “that somebody’s idiot nephew can run.” Surprisingly, Facebook might fall into that category.Read more