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Re:Ask HN: How likely are we to see a financial crash this y... by shimmy568 on Wednesday March 23, 2022 @12:15PM (#30780019)
I mean if Facebook losing %0.01 (or whatever it was) of it's users is enough to drop it's share price by 40%

I think that anything could pop this bubble at this point, people investing in these companies are expecting growth that isn't realistic imo

All these companies have hit their saturation point and are just fighting over the same shrinking pie at this point. Just look at how many social media sites have implemented tik tok functionality. That alone to me screams "too much capital and not enough growth"

Re:Ask HN: How likely are we to see a financial crash this y... by onlyrealcuzzo on Wednesday March 23, 2022 @12:19PM (#30780074)
It didn't matter that they missed user estimates for 1 quarter. It mattered that their growth forecast went from close to 30% to 3% (over a medium term horizon).

Your P/E drops precipitously when your future growth drops precipitously.

Re:Ask HN: How likely are we to see a financial crash this y... by tomrod on Wednesday March 23, 2022 @12:24PM (#30780142)
A report showing negligible effectiveness of online advertising via social media could be enough to shake the input if the market is shaky.
Re:Ask HN: How likely are we to see a financial crash this y... by thunkshift1 on Thursday March 24, 2022 @12:18PM (#30791989)
That is because facebook ‘sells’ stuff people can easily live without… its not the same for the other companies