Hacker News new | past | comments | ask | show | jobs | submit login

FB stock returned near IPO price (2017, 150$).

Investors believed for 5 years to the "growth first, profit later" theory. But now, another competitor (TikTok) is stealing their market share and profits for FB will never arrive.

This is also a confirmation that not always focusing on growth will give you confidence on market share.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: