While I believe $FB is overvalued, you answered your own question when you wrote:
"Will another platform make inroads into Facebook’s business, or does it benefit from a kind of network effect whereby enough people are already on Facebook that others have to join to be involved in social media?"
Facebook it too big to worry about competition from a new competitor. A social site only works because everyone you know is already on it. The only real contender would have been Google which already tried and failed with Google Plus. If they couldn't make even a dent in Facebook, why would any other company be able to.
Yes, it's on the path to being extinct, mainly due to increased demand and lower crop yields. That's because of warmer temperatures and dryer weather conditions. The good news is that the top chocolate companies are working to genetically engineer cocoa to survive the climate change.
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I like $BLRX. What was the Gamida cell news that I missed?
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Privately held unfortunately.
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What about $BKEP?
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While I believe $FB is overvalued, you answered your own question when you wrote:
"Will another platform make inroads into Facebook’s business, or does it benefit from a kind of network effect whereby enough people are already on Facebook that others have to join to be involved in social media?"
Facebook it too big to worry about competition from a new competitor. A social site only works because everyone you know is already on it. The only real contender would have been Google which already tried and failed with Google Plus. If they couldn't make even a dent in Facebook, why would any other company be able to.
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Interesting, thanks.
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Kind of short, but thanks.
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Well said.
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Yes, it's on the path to being extinct, mainly due to increased demand and lower crop yields. That's because of warmer temperatures and dryer weather conditions. The good news is that the top chocolate companies are working to genetically engineer cocoa to survive the climate change.
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Looks good, thanks.
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Some good stuff here. Hadn't thought about some of these economic ramifications.