I'm a bit surprised to see FB down 5% today given how much it's already fallen YTD and the fact the NASDAQ is up over a 1% as of writing this.
FB is now trading at an EV/EBITDA multiple of 8. I get the concerns, but FB is still the second largest digital advertising company in the world with almost half of the world's population using their products every month. If this isn't the time to take a small bet, I don't know when is… Anyone else buying or do you think we're going to see another NFLX sized disappointment?
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