The Jacob Wohl Show will air tomorrow at 2:00 PM EST, rather than today. My apologies.
Coming Up Live: The Jacob Wohl Show, Ep. 16 — Back From Cleveland
https://www.youtube.com/watch?v=Xl4W2TYIF18
https://www.youtube.com/watch?v=Xl4W2TYIF18
YouTube
The Jacob Wohl Show, Ep. 16 — Back From Cleveland
Jacob Wohl discusses his recent trip, Elon Musks acquisition of Twitter, the recent report of TikTok's surveillance of Americans, the increasing level of poverty in America and more.
You can support the show financially at https://JacobWohl.org/Podcast…
You can support the show financially at https://JacobWohl.org/Podcast…
Facebook (META) has been without a single useful product innovation for at least half a decade—and arguably much longer.
Then, with mass censorship, they wiped out a huge portion of the one asset they did have. A social network.
Now, after the stock has declined more than 65% from its peak, it trades at a P/E under 11. That’s because Facebook is now a legacy ad-tech business akin to YellowPages dot com circa 2005—not a viral social media platform.
Facebook is no longer part of the venture capital rocket launched hyper-growth genre of stocks. Unless Zuckerberg steps aside, Meta will forever be considered a publicly traded private equity-style asset.
Then, with mass censorship, they wiped out a huge portion of the one asset they did have. A social network.
Now, after the stock has declined more than 65% from its peak, it trades at a P/E under 11. That’s because Facebook is now a legacy ad-tech business akin to YellowPages dot com circa 2005—not a viral social media platform.
Facebook is no longer part of the venture capital rocket launched hyper-growth genre of stocks. Unless Zuckerberg steps aside, Meta will forever be considered a publicly traded private equity-style asset.
Fun fact: When the big tech platforms ban you, they keep peppering you with annoying spam emails anyway.
Forwarded from ALI ALEXANDER
NEWS: Bank wires have started to complete the Twitter deal. Will be done ahead of tomorrows 5 PM deadline. Elon Musk and his partners will own Twitter. 🚨
@AliAlexander
@AliAlexander