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I'm always suspicious of stats like this. Is it cherry-picked? Does it mean what it sounds like it means? Do young users just delete-n-reinstall apps more ofte

I'm always suspicious of stats like this. Is it cherry-picked? Does it mean what it sounds like it means? Do young users just delete-n-reinstall apps more often than older users? Is 44% higher than last year...? All that said, I expect FB (the social media network, not the company) to peak and shrink, at some point. It just seems more like something that exists for a certain period of time. Imagine a movie set in 2034. Do FB notifications ping the characters' AR lenses? If you think of long-lived tech companies, they tend to have a very deep moat (oracle, msft, intel) and/or terrific execution ability (amazon, google, foxconn, apple). Facebook hasn't shown execution ability like that yet. Their moat isn't that deep.

liftbigweights 8y ago
> All that said, I expect FB (the social media network, not the company) to peak and shrink, at some point. It just seems more like something that exists for a certain period of time. Probably true in the US. But FB is still growing overseas. > Facebook hasn't shown execution ability like that yet. Their moat isn't that deep. Their moat is pretty deep. They own 4 out of the top 6 social media platforms. https://www.statista.com/statistics/272014/global-social-networks-ranked-by-number-of-users/ https://www.statista.com/statistics/272014/global-social-net... All their properties are growing worldwide (even FB). And the fastest growing platform in the US for young adults is instagram. Guess who owns instagram?