4 ms·
I think there is consumer benefit to scale (particularly when it comes to social networks), and I don't see how Instagram and Facebook being separate entities i
by missedthecue 5y ago
I think there is consumer benefit to scale (particularly when it comes to social networks), and I don't see how Instagram and Facebook being separate entities improves or changes anything. They'll have the exact same owners, same employees, same management... the only difference will be that Zucc gets richer and the employee's W-2s will say Instagram Inc instead of Meta inc.
- blowski 5y agoI'm not really sure I follow? If Facebook and Instagram are two entirely different companies, how do people have the same managers?
- missedthecue 5y ago- Adam Mosseri is the CEO of Instagram. Do you think if Instagram gets spunoff he is terminated or something? No, he just remains the CEO of Instagram. Same is true for all the lower level managers, such as - Nam Nguyen, who is the head of engineering at Instagram. He would remain head of engineering at the standalone Instagram. Maybe he'd get a cosmetic change to his job title like CTO or something. - Ashley Yuki is the head of product at Instagram. Same with her, she'll stay head of product. They aren't going to fire and replace her just because Instagram trades under $GRAM instead of $FB. Repeat this down the line for the rest of the people that run Instagram. Instagram will literally be the same product, with the same owners, same management, and same business model.