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The problem with Meta is they can’t innovate. Facebook, now Meta, have achieved all of their growth through acquisitions. Instagram, WhatsApp, Oculus, and Giphy
by parkingrift 4y ago
The problem with Meta is they can’t innovate. Facebook, now Meta, have achieved all of their growth through acquisitions. Instagram, WhatsApp, Oculus, and Giphy.
The days of Meta making huge acquisitions are over. The world governments aren’t going to allow it. So now Meta will actually have to innovate to compete.
And what are they up to? Copying features from TikTok. Losing $2.5 billion per quarter on VR while making little to no progress.
WhatsApp is the biggest moat, but it’s also the hardest to monetize, and Meta has given no evidence that they can fend off a challenger without acquiring their way out.
Good luck to anyone holding Meta stock. They won’t be able to buy their way out of this, not this time.