Here’s the scariest thing to come out of Facebook’s updated financials today: The company’s growth is rapidly decelerating.
Last quarter it was only up 45%. The quarter before that it was 55%, and the quarter before that it was 104%. 45% is good for most companies, but for a company that’s supposed to be a hot IPO it’s underwhelming, as is the growth trend.
Business Insider Emails & Alerts
Site highlights each day to your inbox.