What I Am Buying Today.

[fenders53]

(02-03-2022, 08:03 AM)crimsonghost747 Wrote:

(02-03-2022, 06:40 AM)fenders53 Wrote: I use it about 10 minutes per day. Boomer stuff like check a few interest groups, wish a few happy birthdays, sometimes check the newsfeed.  FB messenger is the easiest way to drop a non-urgent message to about a dozen people in my life.  I only know a few dozen people that are addicted to FB and post many times a day.  Used to be more.  My kid uses Instagram.  

My question back to you is where do the growing billions of free cashflow come from?  Why would advertisers pay so much to advertise on unused sites?

Instagram is certainly a success story. No doubt about it. Most of the youth these days seems to be using it on a daily basis. Whatsapp has been a success too, and I am also sure they are dying to figure out a way to push ads into whatsapp without everyone switching over to an alternative platform. But the issue remains, they have not been able to develop a single popular app, platform, or anything since.. well since they started Facebook. All the good stuff has been MA, and that road is dead.

I have to say that I am as puzzled as you are about the increase in ad revenue.
From their report: 
"For the full year 2021, ad impressions increased by 10% year-over-year and the average price per ad increased by 24% year-over-year."

Now 10% more ads I understand. But 24% increase in price per ad? I truly don't know. Maybe companies just have way too much money to spend on advertising.

Companies are spending more on digital advertising every year.  That is the secret sauce of FB, GOOGL etc.  Sure, it will level off someday.  Everything levels off.  The game isn't static.

And yes, all future world dominating companies are apparently started in garages by guys who couldn't get a date.