Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

Back to Takes

Facebook's advertising platform has fully recovered from iOS privacy changes, with customer acquisition costs returning to pre-change levels

Spiciness
Market Recovery Prediction

The Reasoning

Platform adaptation combined with advertiser learning curve - Facebook rebuilt targeting capabilities while advertisers optimized for new constraints

What Needs to Be True

  • Facebook developed alternative targeting methods
  • Advertisers learned new optimization strategies
  • Competition hasn't permanently shifted to other platforms

Counterargument

Recovery might be temporary or limited to certain verticals, Apple could implement further restrictions

What Would Change This View

CAC costs spiking again, advertisers reporting poor performance, exodus to competitors

Implications for Builders

Facebook ads are viable acquisition channel again

Worth testing if previously written off

May have less competition due to lingering skepticism

Example Application

DTC brand that abandoned Facebook ads in 2021 should test again, likely to find better performance and lower competition than expected