I'm 47 year old, so perhaps I'm out of touch, but I have never purchased a product based on a targeted ad gleaned from mining my data. I believe that the market has incorrectly valued instatwitface.
Let's just say that between the easy access to the market (low capital expenditure barrier), and my belief that a lot of the marketing value is fake, I'm not long on the social media companies.
I'm 47 year old, so perhaps I'm out of touch, but I have never purchased a product based on a targeted ad gleaned from mining my data. I believe that the market has incorrectly valued instatwitface.
Let's just say that between the easy access to the market (low capital expenditure barrier), and my belief that a lot of the marketing value is fake, I'm not long on the social media companies.