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But facebook can shrink, and dramatically so. The main asset that facebook has is data. I've been reading "21 Lessons for the 21st Century", and I agree with
by moosey 7y ago
But facebook can shrink, and dramatically so.
The main asset that facebook has is data. I've been reading "21 Lessons for the 21st Century", and I agree with Dr. Harari's argument that we need a regulatory environment for data, and the way that the cultural/political swing is going, all it takes is one election to completely upend the value that facebook holds. I would go one step further and argue that actions that the US has taken in regards to China and Europe endanger facebook in areas where they will most want to be in the coming years.
What will Zuck need to do to survive and thrive in that? I don't know and I have a strong feeling that he doesn't either, but I'm guessing that he has some investors that do.