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Facebook grew for years by acquiring other companies for users, business, or talent. See FriendFeed, Instagram, and Whatsapp. Oftentimes, Facebook would help gr
by fakethenews2022 4y ago
Facebook grew for years by acquiring other companies for users, business, or talent. See FriendFeed, Instagram, and Whatsapp. Oftentimes, Facebook would help grow the resulting business enormously or deploy the technology to great effect.
But with increased antitrust scrutiny and the realization from a few founders that they could do better not selling, Facebook lost much of their potential growth. See Snapchat and TikTok. Snapchat spurned an acquisition offer.
Imagine if Facebook owned Snapchat and TikTok. They would be doing a lot better.
- asdajksah2123 4y agoSnapchat wouldn't have added anything to FB as far as I can tell. Instagram crushed Snapchat almost instantly once it started doing filters/video. TikTok, OTOH, is a real threat. And it's real threat only because it's an even worse, more cynical social media platform than FB/Instagram.
- DiggyJohnson 4y ago> Instagram crushed Snapchat almost instantly once it started doing filters/video. I don’t find this to be true at all. My cohort of middle class Americans have all been using Snapchat since ~2014, and we’re still using it. More so, the HS-age baristas at the coffee shop I frequent DEFINITELY still Snap the day away. I see Insta and SC as finding an awkward equilibrium, the the overlap of the daily stories functionality. Other than that, their core features are completely different. This is why both are still healthy.
- 7speter 4y agoTiktok doesn’t have to care about the western shaming and potential impact it could have on its growth and profits like facebook does.