Can't wrestle these horn
There is a reason Zuck rebranded facebook into META. The tech genius knew ahead of time that his 21st century monster would be more than just a social network. META has become a throbbing, profusely sweating data scraping machine.
Data scraping refers to the process of collecting and analyzing user data, including personal information, preferences, and online behavior. Meta has access to an enormous amount of user data through its various platforms such as Facebook, Instagram, WhatsApp, and Messenger. This data includes demographic information, interests, social connections, and location data.
By analyzing this data, Meta gains valuable insights into user behavior, which allows them to create detailed user profiles. These profiles then convert into targeted advertising. Advertisers are willing to pay a premium for such targeted advertising because it increases the likelihood of reaching their desired audience, resulting in higher conversion rates.
This level of granularity ensures that advertisers can reach their intended audience with a high degree of accuracy. The effectiveness and efficiency of this targeting system make Meta an attractive advertising platform for businesses, driving significant revenue.
You can skim through Meta’s financials yourself but the macro thesis should be enough. META is killing the data scraping game through their product offerings and only plan on scraping more with their new product Threads .
Some scrutiny...
Privacy has always been a talking point for users who are unpleased with Meta’s platform but frankly what application provides true privacy? None. I simply ignore this “bear case” and believe tech giants are invincible to headwinds such as this, let alone, these tech giants have the cash to silence this all together.
The Metaverse… is an L – Apple’s release of the VisionPro makes the Metaverse looks terrible, absolutely terrible. Although it is 10% of the price of the vision pro, the META VR experience is poverty. Unless Zuck can figure out a way to untie his cuck I think it will never compete with Apple let alone other competitors and will continue to burn cash.
We are BULLS! The founders of bullish bytes are respectively 2/2 and 3/3 on our META call options. Looking to enter more calls around $300 a share and aiming for $350 strike.
