Market’s Got 99 Problems, But FANG Ain’t One
Lots of PR problems here. The Cambridge Analytica breach was pretty much a disaster, and not handled well. HOWEVER, valuation is actually not that bad now. Yes the last 2 years, Facebook grew EPS at 171% and 77%, and that has slowed to 18%, 21%, and 21% over the next 3 years. Could Delete Facebook gather steam? Sure.