New from The LT3000 Blog: Facebook - the bear case Cheers, Lyall https://lt3000.blogspot.com/2020/01/facebook-bear-case.html …
Nice article. There are two other potential downside risks that (I think) you did not mention: 1. Regulation/antitrust 2. Amazon. Amazon has eaten Google’s consumer good ads business by shifting first search from google to amazon and then populate that search with ads.
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If Amazon continues to capture e-commerce market share, that will also affect demand for Facebook ads to e-commerce sites.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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