3 ms·
> Fundamentally the people like Zuckerberg responsible for its execution do not understand what people want I agree with the broader point, but Facebook owns t
by long_time_gone 5y ago
> Fundamentally the people like Zuckerberg responsible for its execution do not understand what people want
I agree with the broader point, but Facebook owns three of the most popular apps in the world. They have at least some idea of what people want.
- unethical_ban 5y agoI wonder if they've found a "local peak" of knowing how to get people addicted to news feeds and updates for advertising purposes. Are they really trying to figure out what people want, or just what they can monetize that is similar to what they already do?
- tremon 5y agoDo they really? Only one of those they created, the others they bought after they'd already become the most popular apps. You don't have to have any ideas to just measure what's already popular and buy it.
- wy35 5y agoInstagram acquisition price (2012): $1B Instagram projected ad revenue (2021, projected): $18B They do more than just buy apps. We shouldn't underestimate Meta -- they can do to Oculus what they did to Instagram.
- deleted 5y ago[deleted]
- long_time_gone 5y agoThey built Facebook and Messenger from zero users to billions. Instagram had 50 million users when Facebook bought them. WhatsApp had around 300 million. Now they each have over a billion.