Venmo - PayPal’s crown jewel - built its network on Facebook’s back. Facebook (tkr: FB) ought to move to acquire PayPal (tkr: PYPL). Venmo is perhaps the most user-friendly Peer-to-Peer ("P2P") payment service in large part due to its Facebook integration which makes it easy for users to connect and transact with each other. Connect … Continue reading Facebook + PayPal = Payments Powerhouse
Category: Social Media
With Michael Bloomberg throwing his hat into the ring for the 2020 Democratic nomination, many have speculated as to how Bloomberg would divest his equity stake in his namesake firm were he to win the Presidency. We don't expect Mr. Bloomberg to win the Office of the President nor would a sale necessarily be required … Continue reading Prospective Bloomberg LP Acquirers
For comic relief I watched some of the Facebook congressional hearings (video below). While Facebook's Calibra/Libra cryptocurrency initiative was the hearing's focus, clues were offered as to what may lie ahead for Facebook users and Ad buyers. At the 6:24:30 mark of the video, U.S. Representative Dean Phillips (D-MN), asked Facebook founder and CEO Mark … Continue reading Facebook to Leverage “Authentication” to Drive Ad Revenue?
Hear that? Someone is listening. In fact, they all are: Google, Microsoft, Amazon, even Apple (who has positioned itself as a privacy champion). AI - more specifically the neural networks that power voice assistants - are far from fully autonomous. Deep learning models require human assistance at this juncture. Fair. It is when companies do … Continue reading AI’s Dark Side – They’re Listening
Facebook imagines a future in which consumers will pay for online and offline services with its cryptocurrency - Libra. Our view is that Libra will eventually enjoy broad adoption. The cryptocurrency floodgates are open, it’s primarily a question as to how Libra and others will be regulated. Regulation boils down to the size of the … Continue reading Facebook Calibra and Libra.
FTC slaps Facebook on the wrist and levies $5B fine. Combining legacy Facebook, Instagram and WhatsApp. A grand product strategy or slick tactical move to avert regulators? Facebook only found religion as it relates to user privacy after the FTC threatened to break up the company into three separate entities - 1) legacy Facebook, 2) … Continue reading Checkmate. Facebook Wins.
Tesla plans to roll out its own insurance product. The insurance industry has known for years that the self-insurance wave was coming. "I am the eye in the sky... I can read your mind... I am the maker of rules.." So the song goes and so goes Tesla. Those of us who have spent time … Continue reading Tesla, Eye in the Sky & InsurTech
We've tested a number of the P2P apps over the past several weeks and believe Venmo has the best-in-class user experience. A software executive warned me many years ago: "Don't underestimate the power of the GUI" ("GUI": Graphical User Interface). Venmo's near frictionless user experience combined with Facebook's social features give the application a "leg … Continue reading Social Payments or P2P on Steroids
Google Ads, Live Sports, Amazon Ads and In-Game Product Placement all have one thing in common - superiority to Facebook Ads. Why you may ask? Speaking from experience, I do not trust Facebook Ads. We stopped running Facebook Ads for CEORater in Q1'18. We never went "all in". We tested a series of small ads … Continue reading Skip the Facebook Ad
Mark Zuckerberg does not trust his people. Facebook is a great example of a company that has lost its way as founder CEO Mark Zuckerberg increasingly exercises control over product decisions. Tightening control. It is difficult to fault Zuckerberg for tightening his grip on Facebook's strategic reins in the aftermath of the Cambridge Analytica scandal. … Continue reading In Zuck We Trust?