Blue Whale’s Yiu: More regulation is better for Facebook
Speaking to FE Trustnet, Stephen Yiu, manager of the LF Blue Whale Growth fund, discusses his confidence in Facebook as a long-term investment. He addresses the increasing regulations around data targeting by social media companies and why he does not see this as a risk to Facebook. Stephen states the biggest threat to the company is not regulation but new players coming into the market. He believes regulation would in fact increase costs and exclude a lot of new players from entering the market.