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IMHO it's big news signifying a possible end of an era. We reached peak FB. What's next? Is it going to implode as fast as it exploded, or is it going to be ano

IMHO it's big news signifying a possible end of an era. We reached peak FB. What's next? Is it going to implode as fast as it exploded, or is it going to be another tech dinosaur dying slowly? The financial consequences will also be big. A lot of people have invested in FB, probably you too, through your 401k. Also imagine what will mean for the SF Bay Area a FB that is laying off or cutting down on expenses/compensation.

mrep 8y ago
> What's next? Reddit maybe since they have been exploding in growth. To me, it seems as though network effects are not as important as they seem as the businesses that rely most on them where fellow users provide all the content (myspace, facebook, twitter, snapchat, reddit...) rise and fall faster than any other company.
- narrator 8y ago
  Reddit is committed to free speech and anonymity while Facebook is not.
  - mrep 8y ago
    I love reddit but they have banned many subreddits. Nobody has pure free speech not even the US (you cannot say bomb on an airplane nor threaten someone among many other things). Granted, we do have more free speech than most countries but not pure free speech (which I think is fare as my former 2 examples were cases that bring negative externalities upon others).
    - SmellyGeekBoy 8y ago
      I know we've been over this on HN many times but "free speech" is more about freedom of the press than freedom to be a dick to other people or break the law. The banned subreddits I know of were either hate groups or pedophilia.
  - executesorder66 8y ago
    Yet the CEO personally edited users comments.
jsonne 8y ago
What's App, Instagram, Messenger, and VR all of which Facebook either own outright or are significantly invested in to win. IGTV is a shot across the bow at Youtube. Frankly I spoke with a VP at Facebook 3 years ago and he said they were looking away from "Big Blue" as the future then. This is a temporary at best setback. IMHO they're still the most dynamic tech company and they'll easily bounce back. I'm happy to buy some Facebook stock right now.
- deleted 8y ago
  [deleted]

mrep 8y ago

> What's next? Reddit maybe since they have been exploding in growth. To me, it seems as though network effects are not as important as they seem as the businesses that rely most on them where fellow users provide all the content (myspace, facebook, twitter, snapchat, reddit...) rise and fall faster than any other company.

narrator 8y ago
Reddit is committed to free speech and anonymity while Facebook is not.
- mrep 8y ago
  I love reddit but they have banned many subreddits. Nobody has pure free speech not even the US (you cannot say bomb on an airplane nor threaten someone among many other things). Granted, we do have more free speech than most countries but not pure free speech (which I think is fare as my former 2 examples were cases that bring negative externalities upon others).
  - SmellyGeekBoy 8y ago
    I know we've been over this on HN many times but "free speech" is more about freedom of the press than freedom to be a dick to other people or break the law. The banned subreddits I know of were either hate groups or pedophilia.
- executesorder66 8y ago
  Yet the CEO personally edited users comments.

jsonne 8y ago

What's App, Instagram, Messenger, and VR all of which Facebook either own outright or are significantly invested in to win. IGTV is a shot across the bow at Youtube. Frankly I spoke with a VP at Facebook 3 years ago and he said they were looking away from "Big Blue" as the future then. This is a temporary at best setback. IMHO they're still the most dynamic tech company and they'll easily bounce back. I'm happy to buy some Facebook stock right now.

deleted 8y ago
[deleted]