> Definitely not a bubble. ;)
When you square that with the total revenues of 6B in 1H.
When you square that with the total revenues of 6B in 1H.
There's a reason Google and Facebook run the tech world as we know it.
Not impossible, but not a given.
On the contrary the math makes it very clear. They need a free user ARPU of $11 to 12 per quarter to be profitable with billions to spare.
That's a low bar to clear for a platform with 700M+ Weekly Active Users who are more personal with it than any Google search.
AI: Hold my beer.