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> The shareholders should ask Facebook management how they allowed their growth to be tied to the decisions of a completely unrelated third party They tried to
by Jyaif 5y ago
> The shareholders should ask Facebook management how they allowed their growth to be tied to the decisions of a completely unrelated third party
They tried to sell their own phones to not depend on Apple and Google. That did not work out because it turns out it's super hard.
Now they are betting that the next platform is going to be VR/AR, a space where they are currently #1.
What else are you suggesting they do?
> it's hard to see Zuckerberg as anything but a failing CEO at this point
I think he's been doing a really great job. For instance everybody thought their acquisition of Instagram (led by Zuckerberg) was a waste of money at the time. In 2020 Instagram represented 37% of the group's total revenues (which includes Oculus, Whatsapp... and Facebook!).