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He is blaming the economy and employees, when in fact the product itself is dying. Lots of CEOs with bad businesses will play this card to avoid responsibility
by mgh2 4y ago
He is blaming the economy and employees, when in fact the product itself is dying.
Lots of CEOs with bad businesses will play this card to avoid responsibility...
- WJW 4y ago> there are probably a bunch of people at the company who shouldn't be here Would be interesting to see whether he still considers himself essential for the future of Meta.
- oblio 4y agoHow many founders of successful companies willingly stepped out? 1%? 0.01%? :-)
- Kye 4y agoThere was a thread on HN some time ago discussing how different growth stages needed different people in the hot seat, and the fate of a company was often decided by the founder's willingness to cede control to someone with the right skills and experience. I think it came up in the context of VCs wanting to bring in CEOs for this purpose and the pushback they encountered.
- dilyevsky 4y agoOfc VCs would prefer ceo they fully control ;-) what else is new?
- abeppu 4y agoHow would you know? When a founder is out unwillingly, most of the time don't both sides pretend it was willing and amicable because they know it looks bad?
- kornhole 4y agoI keep asking people if they know anybody excited about the metaverse. I have not found any even among people who are total Facebook products.
- dangus 4y agoIt’s because the Metaverse is just Facebook’s last ditch effort at controlling an App Store. Never mind the fact that VR is niche and will always be niche, or that VR conference calls add zero value beyond a simple Zoom call, Meta is going for it anyway because they have no other viable options. I have to admit that the technology itself looks really cool, but it’s a solution looking for a problem.
- Spivak 4y agoYou aren’t thinking broad enough. The metaverse is Facebook’s oh fuck moment that a massive social network crept up on them without them realizing it. My friends and I “hang out” more in games and discord than any other digital space by a massive margin. Getting together in a Minecraft server might as well be a physical hangout and it’s taking the place of a lot of our group texts. Playing games for me is more about the social activity than the actual game. It’s not really about VR, it’s just that FB had no chance whatsoever of competing with existing players in the PC, console, or mobile market so they are pushing VR as a “staple” gaming product. They’re trying to make a new market where they can be a major player.
- ksrm 4y agoI thought you'd missed a word but no, "total Facebook products" is good.
- frays 4y agoI don’t think the future of the metaverse will have anything to do with 3D actually. The 3D/VR stuff is more of a fad than a long term plan. The real vision behind the metaverse is thinking that many of the things we currently do in person (i.e., concerts, going to bars, school, work, etc.) will eventually move online. Meta wants to position themselves as the “platform” for this.
- LaundroMat 4y agoAnd vice-versa: when things go well, they're geniuses and circumstances outside of their control have nothing to do with it.