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by dmgbrn
4073 days ago
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That grammar tho! This guy seems like a native speaker, do CFOs actually use "its" instead of "it's" and "your" instead of "you're"? That said, all of this business cat stuff is way over my head. I have no idea whether it's interesting or not. |
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- Facebook makes money on desktop ads and mobile ads - They are making less money on desktop - They are making more money on mobile - They may be seeing trends before anybody else that mobile is where they will make money - So they might value engaging mobile apps more than competitors
Thus, as Snapchat, you realize that FB is willing to pay a lot of $$, but also that what you have (the active users on mobile) is valuable and will continue to grow in value. It's interesting because it sheds light on what went into Snapchat's decision to reject the acquisition.