How does the rise of Snapchat and Pokémon Go impact Facebook's business strategy?
Citron's Andrew Left: Why I'm Shorting Facebook
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The video discusses Facebook's challenges, including groupthink and competition from Snapchat and Pokémon Go. It highlights Facebook's dependency on engagement for success and suggests that to meet investor expectations, Facebook must dominate mobile platforms. The speaker shares personal insights on investments in social networks, mentioning a shift from LinkedIn to shorting Facebook.
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What factors contribute to Facebook's volatility and fragility according to the text?
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3.
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What expectations do investors have for Facebook in the next 12 to 24 months?
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What must Facebook do to maintain its position in the mobile market?
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Discuss the relationship between mobile engagement and Facebook's future growth.
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