RE: The Market Continues To Bumble Up

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For me it is a fact that the real business of these companies is to capture information that we ourselves provide when we open an account in these applications. On the other hand these companies are money recycling machines, Amazon for example does nothing but buy back their own shares, so they keep their activity in the stock market on the rise, of course, they at least have managed to adopt technological advances in their business but the rest are only dedicated to this coming and going of money to pretend to be successful.

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Yeah and Amazon does also reinvest in R and D but it is very much a rent seeker. I am sure these dating sites also have deals with ad tech platforms to sell your data on and make extra income.

I can’t see running only ads and subscriptions keeping those apps alive when trends show people are moving to using less apps, and the reasons I mentioned In this post

Pretty sure many of these latest round of IPOs are just there so that investors could exit not because the company brings anything viable to the public markets

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