feels like the main Q around IDFA is whether this a loss of measurement problem or is this a loss of targeting i.e. loss of performance problem?

the two main impacted platforms say the former but the latter makes more sense because otherwise why would spend pull back?
On the SNAP call back, roughly:

"if the targeting still works and advertisers are pulling spend aren't they going to lose sales? Why aren't they spending anyway without the measurement?"

I get that you pause to calibrate models/measurement, but is that what we are seeing?
Ok, so smart people have spoken. The iterative nature of measurement feeding back into targeting is causing performance loss.

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More from @modestproposal1

16 Oct
Some good stats in here, wish there was less editorializing. Marketing at Instagram was. 6%/revs in 19 vs 1% in 21, mostly aimed at teens. Insta DAUs up 24% y/y in Sep 2020. Time spent for teens reached 3-4 hours during Covid up 2x vs 30-45 mins for adults nytimes.com/2021/10/16/tec…
Read 5 tweets
12 Oct
I see a lot of descriptions of the labor market as tight, time will tell, but constrained seems more apt.

As to casual declarations of stagflation, we've really defined that term down. Even GS reduced growth estimates has real GDP next year up 4% offset by raised 23/24 growth. Image
we're 9 months past the start of vaccinations, half the world is still in some form of lockdown, millions of Americans aren't working because of a virus, it just feels like people are too eager to try and use pre pandemic frameworks to analyze today's still bizarro landscape.
Delta wave pushed back whatever normal means by at least 9-12 months. Let's see what 2H 2022 brings when 70%+ of the world is vaccinated, people are freer to move around and feel safer going to work and play, and hopefully much of the deformities in the economy have worked out.
Read 4 tweets
5 Oct
The data in some of these charts is pretty interesting. Not sure I've seen this level of detail, or broken out by age bracket before.

Boomers (30+ crowd) time spent on FB Blue is wild.
Teen Instagram usage stats across five major countries
Daily acquisitions for FB blue throughout Covid. I mean this is pretty amazing detail.
Read 4 tweets
28 Sep
With Netflix releasing some data on what people watch, and everyone having an opinion because they too watch tv, worth rereading one of @ballmatthew most important but underrated posts on tv, netflix and quality content.

matthewball.vc/all/netflixqua… Image
From today's @stratechery on Squid Games and Netflix Image
"It’s also a better fit for Netflix’s business model: the company’s core niche in entertainment is always having something to watch — someone has to fill the hours a day that the average consumer has the TV on"
Read 5 tweets
20 Sep
🚨🚨🚨 new @Lingling_Wei on Xi's ambitions just dropped 🚨🚨🚨 wsj.com/articles/xi-ji…
“Supervision over foreign capital will be strengthened,” said a person familiar with the thinking at China’s top markets regulator, “so it won’t be able to obtain ultra-high profits in China through monopoly and capital-market operations.”
"Before this year, Mr. Xi was distrustful of capital, but he had other priorities. Now, having consolidated power, he is putting the whole government behind his plans to make private business serve the state."
Read 6 tweets
17 Sep
perfect example of where replacing XYZ megacap tech co with "the internet" is the more accurate formulation. we have created a machine called the internet and we can't control it.
many sites on the internet are mirrors and we don't like what we see
this is not a new observation, and is not specific to this week's revelations, just something to keep in mind
Read 4 tweets

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