RE: Losses Until 20257 May 2022 10:56
good point Bob. what I don't understand is why they didn't raise prices before?? (the margins are absolutely tiny and getting smaller BTW, so cost inflation is slowing killing them at the mo.)
My only hope is they see growth and reach as more priority than profit which can com later, and raising prices is an ace up their sleeve.
If Facebook / Instagram made you look at an advert every two posts (like they do now) in their early days do you think they would have become as big as they are?