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Facebook may be a dying company, slowly slowly slowly on the IBM timescale. Facebook is definitely on the downslide. They staved off facebook's slide by succes
by AtlasBarfed 5y ago
Facebook may be a dying company, slowly slowly slowly on the IBM timescale.
Facebook is definitely on the downslide. They staved off facebook's slide by successfully picking the next social network in instagram, but now that is probably going to lose its shine. If Tiktok is the next #1... That can't be easily acquired due to Chinese ownership...
They'll try the "metaverse" but man that is a big leap, and they are already poisoning their metaverse with stupid things like "must have a facebook account" which signals they are doomed to failure.
Facebook knows this. It's why they changed their name. Maybe the recruiting struggles signaled the death of the "Facebook" brand.
- rajup 5y agoI'm sorry to break your fantasy, but FB is nowhere close to dying like IBM by pretty much any metric you can choose (apart from perception by random folks on the internet which frankly does not count for much).
- loeg 5y ago$FB is up like 30% YTD? So by any reasonable standard on any reasonable timeframe, the smart money says it isn’t “dying.”