Hey Facebook pees are people going crazy as the stock drops?

VMware / Eng
LlGE00

VMware Eng

PRE
Veritas Software, Symantec, Dell
BIO
Nope!!
LlGE00more
Jul 26, 2018 12 Comments

Ok so FB stock dropping like crazy. How are the staff taking it? Staying focused on work. Or was today a wast of a workday.

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TOP 12 Comments
  • Facebook real_zuck
    It's back to where it was 2 months ago, so it obviously sucks but it's not like it everyone is freaking out. I overheard a coworker jokingly say that he'd have to wait another quarter to get that yacht he's been eyeing now
    Jul 26, 2018 6
    • Netflix yesottoman
      Don’t drink too much Amazon coolaid. Touching every market doesn’t mean it will succeed in every market. The only reason the stock going bonkers because of they decided to report AWS revenue separately
      Jul 29, 2018
    • Amazon / Mgmt the_assman
      Exactly. You are right my man.

      But it also means that failing in one market doesn’t tank the whole company. Facebook is diversified but in a very narrow way — a lot of users of switching from FB to WhatsApp and Instagram, which are still FB. What is unclear is whether those services can make money. Amazon has created an entire computing utility industry, huge retail footprint, growing media services, smart home and devices, and its ad business is exploding as companies realized a search on Amazon is substantially more valuable in ROI than Google or Facebook.

      I’m not drinking Koolaid. I hate Amazon. It’s a Death Star company. Want to refer me to Netflix? I love your company.

      But Amazon is positioned to win. It could fail in retail, which is unimaginable, and still be a wildly successful tech company. If Facebook fails in social media, then what?

      PS - They didn’t decide to break out AWS. Ernst & Young made them because it exceeded the threshold of materiality required to be broken out separately in financials. Amazon is very private, and would much prefer to NOT report that information to its competitors. Keep in mind Amazon originally priced AWS services so low that no one thought it could make money to scare competitors away. By the time competitors took notice, Amazon already had 90% of the market share.
      Jul 29, 2018
  • Oracle / Eng
    Xactly

    Oracle Eng

    PRE
    Apple, Oracle, Amazon
    Xactlymore
    Off late I hear people moving to Insta from FB. Including myself. Buts it’s still FB though.
    Jul 26, 2018 0
  • IBM / Eng HGKE00
    I'd be pissed if my options just hit and I couldn't get refreshers. Otherwise, just another day.
    Jul 26, 2018 2
    • New vEmy86
      This is interesting, but I'm clueless as to how it works - what options/refreshers time frame would be bad for Facebook employees today? Thanks.
      Jul 26, 2018
    • Snapchat TalohwuH
      None because fb employees don’t get options
      Jul 26, 2018
  • Salesforce / Eng
    ☀️☀️☀️☀️☀️

    Salesforce Eng

    PRE
    Google
    ☀️☀️☀️☀️☀️more
    Bought some calls
    Jul 26, 2018 0

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