In today’s Exponential Investor…
- The sound of silence
- Free market or government?
- 16 November 2021
Is Facebook (NASDAQ:FB) dead?
Speaking in the present and the future, it is all over for the social media giant? Actually we really should refer to Facebook as the advertising giant, with several social media platforms.
It’s a fair question in what’s been a tumultuous week for Facebook.
First, the company had a mass global outage. This riled everyone in the midst of uploading a snazzy dance routine to Instagram and also those providing clinical guesses as to scientific theories on Facebook.
It also meant a few hours of notification silence.
That’s the sound of no WhatsApp notifications…
The question is what role a company like Facebook has in our world moving forward. Is it too powerful, too pervasive, too influential? Should the government step in, split it up, control what it can or can’t do?
Or is that overreach from just another centralised authority wishing to impose control and influence over society?
Or does society figure it out for themselves? Let the free market decide with their wallets and “feet”… or in this case, avatars.
We’re sure there will be a divergence of opinion on this, so we’d love to hear from you on this topic. Just click on your answer to vote.
PS One more thing. On 16 November there’s a critical event taking place that is 100% locked in. There’s no ifs or buts about it – we know that on 16 November there will be a critical event taking place in the most disruptive market in the world right now that could send a handful of investments skyrocketing higher. In one case, our expectations are an opportunity that could see a 55-times rise in value as this event kicks off.
We can’t say much more right now, but next week you’ll hear about a new briefing we’ve put together that explains this event, tells you why it’s important and how as an investor you can get a slice of this action. Keep an eye out and stay tuned!