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by happythebob
1169 days ago
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Their market cap increased like 10-20X due to covid and zero interest rates, now they have just contracted. I wouldn't read too much into this. I agree that Google of all big tech has the most to lose in the future regarding their internet search ad business, but Roku having ads and giving advertisers data makes a lot of sense for them. |
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This isn’t a dire times warning. It’s that the era of free money is over (and fucking hopefully for a long time), there will be some settling in to actually needing a business that makes money to stay around.