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FB managed to capture successive generations with FB then Instagram. But Tik Tok got the latest and that's the problem. FB can't grow any more because the young
by dageshi 5y ago
FB managed to capture successive generations with FB then Instagram. But Tik Tok got the latest and that's the problem. FB can't grow any more because the young generation isn't going to use its products.
But what "social" thing is there after short form video? Something VR related, so FB is going to try and build it in the hope they can snag the generation after tiktok one assumes.
- smrtinsert 5y agoYou nailed it. Rather than competing, he's going after a new market altogether. I don't recall FB ever innovating in a new space successfully, they usually buy it. Does not bode well for the long term of FB.