Facebook Inc $FB - A Valuation On 24th September 2021
Facebook is 'the' social network - almost half the people on earth who can legally access their services do so every month. The company may be powerful but antitrust hangs around like a bad smell.
Summary
Facebook is 'the' social network as about half the people on earth who can legally access Facebook services do so at least monthly. The global social-media advertising market will continue to grow, and Facebook will reap an outsized portion of this because of their powerful network effects. However, to achieve this, the company will need to focusβ¦