I gather it's a way of saying it's climate controlled, i.e. heated or cooled depending on the season. I suppose as a contrast to calling any semi-random outside space the largest reading space.
Does it? All the stuff I've read complains about abysmal performance on Facebook and how it's money spent poorly unless you're trying to scam naive consumers.
There was a time where I'd see Coca cola advertising on Facebook. That time is gone.
I just opened Facebook to see what I’d see on the app, and just a couple of scrolls gave me: Planet Fitness, Expedia and a bunch of airline ads.
People will always complain how something doesn’t work, how they pulled out their ad money and etc. But then you see ad spend growth on every big platform.
It's a simple equation: Money spent on ads will go where the users (ears and eyeballs) are. By providing fine-grained targeting an advertising platform can extract more money from "the long end of the tail" which is where most of the money lives.
You're using a brand advertiser as an example when you should be using direct response advertiser as your example. Brand advertisers pay the least since their advertising is predicated on reaching a lot of people cheaply multiple times while direct advertisers pay the most since their advertising is predicated on getting people to convert immediately and judge their return accordingly.
The fact that you don't see Coca Cola ads means that Meta is able to find advertisers willing to pay more than them to reach you that you are more likely to convert immediately on.
weirdly, for my link that redirected to my countries' local coca-cola facebook brand page (denmark) which has its latest post 1 hour ago (8th feb 2023). I didnt know that kind of location-based redirect was a thing on facebook, interesting.
By cheapest alternative, do you mean the ATR-2100x recommended as the budget option? I'm in the US and searching Google shows $80+ for the Blue Yeti and $30+ for the ATR-2100x
For equities that is true and most Bloomberg functionality can be replicated with Sat Interactive Brokers plus some data subscriptions. Doing fixed income manually without the data pre populated in Bloomberg is very painful. But yes, the chat is where the franchise is and recent SEC actions punishing any non compliant communications like texts or alternative messaging services with massive fines have only given that moat another decade at least of invulnerability.
Maybe in theory. The message I get from almost everyone at a regulated institution is Bloomberg, e-mail, or voice. When the SEC is on a warpath, compliance and legal departments don’t play with anything but the clearest black and white lines to optimize for the convenience of staff. It is frustrating because it imposes a monopoly tax on financial market participants to get a Bloomberg or be shut out of information flow which is death in markets. I’ve yet to find anyone I deal with who says hey find me on Symphony.
Bloomberg provides you normalized data across all asset classes, cross asset portfolio analytics and management tools. First party trading venues, access to the world's largest broker network, immediate access to news including news sentiment indicators across the terminal offering. Access to it's own brokerage (trade book is still a thing I think), buyside and sell side Order Management platforms, APIs to feed the same stuff into your excel and servers.
Did I mention all this tooling is engineered to be compliant across regulatory regimes.
So yes chat is important and having a BB terminal definitely separates the men from the boys but that's additional to the indispensable functionality the platform itself provides.
It's not just money, it is also how you spend a limited quantity of organisational focus. You cannot do it all, this is actually even more important when you are that big of a company.
But they're so expensive and small compared to a blackboard. Another commenter got a 4 foot x 6 foot blackboard, it was probably a few hundred dollars (plus the cost of chalk) and will last for decades. A 50' Microsoft Surface Hub, that's ~2 1/3 foot x ~3 1/2 foot, is ~$9,000 and will be lucky if it lasts 10 years.
There are cheaper large touchscreens but they won't use capacitive sensing which is what makes the Microsoft Surface "snappy."
