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Facebook is the most agile of the companies. Two years ago it was a desktop web company, now it is all mobile. With Instagram it arguably made the best tech acq
by julianpye 11y ago
Facebook is the most agile of the companies. Two years ago it was a desktop web company, now it is all mobile. With Instagram it arguably made the best tech acquisition of this tech generation - compare that to what Yahoo spent money on. So don't see Facebook as a social app, see them as a powerhouse capable of making big moves and being able to respond to trends better than any other player. Since it has a hard time accommodating new functionality under its Facebook brand, it's perfected the art of managing multiple consumer brands.
- Mahn 11y agoAnd let's not forget they own Oculus now. Facebook could be in a much different place in the next ten years depending on how that plays out.
- malandrew 11y agoIt wasn't agility that kept them where they are, it was acquisitions. Facebook had to buy instagram and whatsapp because those to threatened its hegemony. Oculus on the other hand was a strategic bet on the future. When it's not agile enough, it has the cash to purchase those that are. You could say this applies to all these "frightful 5"