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This will not work. If they are that good with information, they must be building products after products that people will love. Tell me one last known successf
by hvaoc 6y ago
This will not work. If they are that good with information, they must be building products after products that people will love. Tell me one last known successful launch by Facebook in the last 2 years, outside tweaking their existing products.
Only way it could work is if they share their wealth in other areas / people which must be invested in and will not get enough capital if not for them. Ex: Google Venture - Solar City, Tesla.
But founders have to be fiercely independent and the companies must be independent. Like Elon Musk as founder and Larry / Sergey as investors.
Facebook DNA doesn’t allow that, they are predatory in nature. Trying to diversify by external forces since internal options simply failed. Founders of the companies they acquired, left with very unpleasant experience.
Take their money, if you are ready to be as independent as Elon Musk were and ready to say NO to Zuck when and if you have to.
- ericflo 6y ago> Tell me one last known successful launch by Facebook in the last 2 years Oculus Quest
- shostack 6y agoAnd that's just them getting started. I watched the entire video of last Oculus Connect and it was jaw dropping what they are going for and how much progress they've made. Like, Rainbow's End made real.
- ta17711771 6y agoThey...bought Oculus. No?
- TeMPOraL 6y agoLong time ago. Quest was developed way after that acquisition.
- Traster 6y agoFacebook did the same thing they did with Instagram, they bought the company, kept it essentially independent with the founders continuing to run it as an independent management team. As with Instagram, Oculus is now big enough to actually matter to facebook, and so Mark proceeded to fuck with the successful management team until they quit. It's almost the perfect example of Facebook failing to innovate internally.
- ijpsud 6y agoIsn't Oculus doing better than ever? Citation for "Mark proceeded to fuck with the successful management team until they quit"? (genuine question)