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There should be a reckoning. NASDAQ is not allowed to trade on its own exchange with more information than their customers the way Google does. Even _Coinbase_ isn't allowed to trade on its own exchange in an unfair way. Google is an exchange, a broker, a buyer, and a seller, and there are no financial regulations for the ad markets. Facebook is the same.

When politicians hold the share of Alphabet & Facebook, are there any high incentives for them to introduce financial regulations?

Businesses have always invested the same % of revenue in advertising. They ll keep doing it without google, and they will still need publishers to display the ads. Other companies will reemerge

It’s looking there should be a reckoning, I’m not optimistic though.

Have you found the CAC to be lowest on FB?

Do you mostly run facebook ads?