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I think this would have certainly been in the cards in the past, but at least for the moment there is regulatory backlash against anything seen as anticompetiti
by throwaway20222 4y ago
I think this would have certainly been in the cards in the past, but at least for the moment there is regulatory backlash against anything seen as anticompetitive, especially buyouts like you referenced. (I Work with M&A teams)FB is having to pay significantly above market to attract and retain talent, and the use patterns are not well aligned to homegrown competitors to tik tok. Some might argue this is why such a big bet is being placed on the “metaverse” business plan. But these trends may be the biggest long term challenge they have faced since the rise of mobile.