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They are subsidized. Stock may not be best indication of the performance of the company.
by deepstack 5y ago
They are subsidized. Stock may not be best indication of the performance of the company.
- strogonoff 5y agoThat’s the problem with free ad-based media giants. For an individual, the deadly combination of the platform being large enough, free and closed (no APIs for feature-complete third-party cross-platform clients) means a huge barrier to switching over to a different social provider with better ethical, infosec and privacy track record—and all the while company’s interests are aligned with ones of the advertisers, the actual paying users. Stock performance, of course, reflects that.