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Spinning Instagram and Whatsapp off of Facebook seems like it would benefit everyone except facebook stockholders.
by cwkoss 5y ago
Spinning Instagram and Whatsapp off of Facebook seems like it would benefit everyone except facebook stockholders.
- jessaustin 5y agoAs Scott Galloway has been saying for years, it would be great for stockholders. Facebook is an old-n-busted service for old-n-busted people. (You might think I'm one of those, using such an old-n-busted idiom, but even I'm young enough not to be on Facebook.) IG and Whatsapp both would thrive if they weren't chained to all that dead weight. Divestiture wouldn't be so good for Facebook execs, but does anyone care about them?
- jessaustin 5y agoTIL "old-n-busted" is an autological idiom. As is... "autological". https://news.ycombinator.com/item?id=28248090 https://news.ycombinator.com/item?id=28248090
- Wohlf 5y agoIt would be great for shareholders, much like splitting Standard Oil was.
- thekyle 5y agoIf Instagram and WhatsApp were spun off, I assume Facebook shareholders would also get shares in the new companies.