True and most large organisationa are institutionally rigid by default. They also don't like back-pedalling because shareholders get funny and share price is th

True and most large organisationa are institutionally rigid by default. They also don't like back-pedalling because shareholders get funny and share price is the main driver behind their decisions. Even with massive amounts of cash, you can only support 72000 employees for so long. With most of these things, if you get enough downward momentum, income dries up, layoffs start, customers get more nervous etc. I guess we don't have too many stories of very long-lived companies (certainly of Faang size) that have survived the changes in the world unless they have stuck to a strong core product, which hasn't changed so much in 100 years+ like cars, boats etc. What I wonder is if it is possible that a 1 product company like Meta can really survive in the long-term.