Are Social Media Companies Being Found Out?

Discussion in 'General Trading Discussion' started by longtermbull, Apr 7, 2018.

  1. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    943
    Likes Received:
    18
    The demise of Facebook, problems at Snapchat and other issues in the social media industry have cast a very welcome light on the mechanics of various companies. Have social media companies been found out? Or is this simply a bump on the road to long-term profitability?
     
  2. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    344
    Likes Received:
    7
    Social media sites are ruining each other in their quest to match the services of each other; previously they have all stood out from the crowd for the individual service(s) they offered. This form of cannabalism cheapens everything in a race to the bottom.
     
  3. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    63
    Likes Received:
    0
    Social media companies have been "found out" many times in the past but they keep bouncing back. Personally I think the ones that will survive longer term will need to diverge away from their main business to be successful in the future.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    344
    Likes Received:
    7
Tags:

Share This Page