2 ms·
>To be fair, that’s the exact same sentiment I remember reading about Zuck on HN around the time Instagram and WhatsApp acquisitions happened. People were sayin
by mrkramer 5y ago
>To be fair, that’s the exact same sentiment I remember reading about Zuck on HN around the time Instagram and WhatsApp acquisitions happened. People were saying it was one of the dumbest business decisions, that Zuck is just desperate and without any brain trying to spend his FB money on acquisitions before FB inevitably dies of irrelevancy, etc.
Look at today, and I think most people would agree that acquiring whatsapp and instagram back then was a great business decision on his end.
>And, in my eyes, the whole Meta thing makes way more sense to begin with than those acquisitions did.
That's a fallacy. It doesn't matter if Zuck had 2 consecutive successful predictions because his 3rd can be unsuccessful. Each event(situation) is specific and different.