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I mean Facebook buying Instagram isn't really innovation. In terms of business strategy and feature enhancements, for sure its been great. But that's not really

• o10449366 8y ago
  I used Instagram as an example because I think Facebook has done a lot more with it than, say, Google has with their YouTube acquisition. YT has been largely stagnant in the face of competition from Twitch, Netflix, Spotify, etc. and I see fewer and fewer content creators using it, whereas Instagram continues to grow.
  • michaelt 8y ago
    You could argue that youtube's rate of innovation is low. But when it was launched it was Flash-based sub-10-minute low-resolution prerecorded videos that paid creators nothing, and so on. Now it supports long videos, 4k, streaming, html5¹, pays content creators enough there are a bunch of them doing it full time², has an ad-free premium option, it isn't at war with music labels, and it hasn't been bankrupted by bandwidth costs. Seems a fairly good track record to me. ¹ Arguably Youtube was one of the big forces getting decently working video out of flash and into browsers. Along with Apple refusing to ship Flash on iOS, that is! ² Admittedly at the whim of fickle algorithms, so not the best financial security there