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Does FB have anything of interest? They missed the platform train. They don't provide infrastructure. And they didn't buy the next big thing before it got there

Does FB have anything of interest? They missed the platform train. They don't provide infrastructure. And they didn't buy the next big thing before it got there. All I see is a huge bet on the yet undefined metaverse and declining interest in their current products. I wouldn't predict a quick death, but a drawn out descent in to obscurity. And to broaden the question: I don't know where Twitter is off to. It is a miserable place but it fills a well defined niche and there's no competition. While I see Microsoft outlasting humanity. There is no way they'll go down before everything else does first.

skizm 5y ago
Have they done any monetization on WhatsApp yet? Which is ~2 billion users. They could literally add a few billion in revenue by showing a single text ad once per day or similar. That's not counting the fact that instagram is still basically in hyper-growth mode globally and facebook (the webpage/app) is still growing in every market except the US. Agree that (very) long term they'll need the VR/AR market to take off and capture a significant portion of that to stay on top of the digital ad business along with Google.
mavhc 5y ago
They don't have to buy it before it got there, they can buy it after it got there. The fact that they're taking their least popular product, VR, and making that their main focus, seems to show they're not resting on their laurels.