NASCENT THREAT
“The businesses are nascent but the networks are established, the brands are already meaningful and if they grow to a large scale they could be very disruptive to us. These entrepreneurs don’t want to sell… but at a high enough price – like $500m or $1b – they’d have to consider it.”
Recent acquisition “[p]revents probably the only company which could have grown into the next [leader] on mobile… [10]% of our market cap is worth that.”
Buyer’s CEO FTC v. Facebook, Inc., Complaint, at 26-27 (Dec. 9, 2020)
Instant Message from Buyer’s Manager FTC v. Facebook, Inc., Complaint, at 37 (Dec. 9, 2020)
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