When public markets rewarded growth, you could let costs balloon and hire teams without worrying about profitability. Now, public markets reward profitability so you need to cut costs. Isn’t it that simple and this is just Zuck’s corporate spin on it?
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When public markets rewarded growth, you could let costs balloon and hire teams without worrying about profitability. Now, public markets reward profitability so you need to cut costs. Isn’t it that simple and this is just Zuck’s corporate spin on it?
This is pretty much it from what I see. Stripping back bit of the over growth from 2020-22, leave a bit more cash in the business.