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E007: Luck & Timing, Our Worst Investments, Product Diversification, Facebook Conspiracy & More

OPERATORS

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Facebook's Conspiracy Theory

Facebook is charging the exact same amount per click. You could run a horrible ad, but you get a lower CPM. But if you run a amazing ad with a high click through rate, you get a very high CPM. Facebook really just wants a certain amount of money for every person leaving the platform,. That was, that was his thesis. And that's conspiracy theory territory.

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