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Trappin Tuesday's

META MAKING A COMEBACK? | Wallstreet Trapper (Trappin Tuesday's)

Trappin Tuesday's

Wallstreet Looks Like Us Now Network

Business, Wallstreet Trapper, Investing, Entrepreneurship

4.92K Ratings

🗓️ 1 April 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

META MAKING A COMEBACK? | Wallstreet Trapper (Trappin Tuesday's) Join our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeusnow Exclusive Trapper Apparel: https://trapperapparelinc.com Irrational Wealth | Wallstreet Trapper (Episode 36) Trappin Tuesday's Original Video: https://youtube.com/live/Df3PmPjzyb4 From the streets to the stock market. Every Tuesday we bring financial empowerment to those who feel like t...

Transcript

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0:00.0

I say,

0:05.0

Mark Zuckerberg is brilliant.

0:10.0

So people say a trap he's not brilliant,

0:12.0

he's just following what eelan mus did that's cool

0:16.3

But when you're when you do something and he's gonna make more money off it than eelon me

0:20.8

That's brilliant. Watch this. Everybody said Facebook dead. Facebook dead.

0:26.6

Facebook dead. Facebook dead. Facebook dead. I said Facebook can't be dead because

0:30.6

they got zero dead. That's one. It can't be dead because they got zero

0:37.2

debt. So there's nothing that's dragging them down. He gotta adjust.

0:40.0

There's a difference between the damage stock and the damage company. They definitely was a damage stock, but it was a company in a blender.

0:45.4

Cool. They lost revenue. They lost, they lost a lot of revenue.

0:50.3

They lost 2 million users. So they minus 2 million users. They lost

0:58.4

billions in revenue and they lost 2 million users.

1:04.0

100% agree to that.

1:08.0

But watch this, add revenue positive.

1:12.0

So the average revenue still had

1:15.4

positive money on it. The ad revenue still brung in positive money. So Mark had to

1:21.8

adjust. What did he do? First thing he did, cut metaverse spending.

1:28.0

Second thing, added a I. Added AI component.

1:36.5

Third thing he did, fired 19,000 people.

1:44.0

All of these things added what?

1:48.0

Bottom line.

...

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