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What happens when most of your team is Indian?
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'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
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Crossed a line with my boss
Here's how much each FAANG (and Microsoft) has grown in the last 5 years: Apple 470% Netflix 465% Microsoft 411% Amazon 382% Google 259% Facebook 198% The trend I see here is that companies that are most reliant on advertising are growing the slowest. So why do people talk up ad-tech so much?
FB is going to be among the top 3 in 5 years.
Ok mark
FB is cringe and all the good talent has left, so I doubt this
NFLX is gonna drop like a ton of bricks soon.
Netflix has become a verb Aint happening
What about Twitter
A big question mark for me
Has not the stock grew 5x? What's your thought
Msft should give best return in next 5 years. P.s. I don't buy MSFT (over leveraged due to job ) and NFLX. I keep buying others.
Check out other time windows. I haven't looked at this, but it could easily be the case that the market 5yrs ago overvalued ad based approaches whereas now the subscription model is the hotness. that tracks with my anecdata and the top 4 on your list rely largely on subscriptions for revenue whereas the bottom two dont
I'm personally very pessimistic about advertising business in the long run. The reason is that the spending power of the middle class is shrinking and will continue to shrink. Ads work best at scale when you can target a large demographic. Traditionally, that was the US, since there was a large wealthy middle class. Unlike, say, India where middle class didn't have spending power. But the inequality is rising rapidly in the US. Middle class is being squeezed out. The rich are getting richer. This is why ads will be less of a cash cow going forward. Instead "luxury goods" will do good business, as the rich will try to use it as status symbol. Apple are very well placed since they're a luxury brand.
....I don't think you work in Ads. The most profitable sectors are niche ones, e.g. we make 1000x more per click thru for ads on queries like "mesothelioma complications" than "Google" And you might say "well thats a unique situation", but there are lots of unique situations and Search + Ads can scale better to this kind of specificity than anything I've seen