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They're facing a lot of headwinds. - Got distracted by launching a crypto currency - Overhired in 2021, thinking pandemic media consumption would continue. I
by metahatetrain 4y ago
They're facing a lot of headwinds.
- Got distracted by launching a crypto currency
- Overhired in 2021, thinking pandemic media consumption would continue. I blame this on Bay Area bias.
- Overinvested in the Oculus side project.
- Got distracted by the "Meta" rebrand. It's telling how they fell so shortly after the rebrand.
- Sandburg left. She's someone who could stand up to Mark.
- Apple and tracking. This was always a risk. It's ok to take the money while you can, but it feels like there wasn't a plan for later.
- Got distracted and didn't take TikTok seriously.
- fuckHNtho 4y agometa, metaverse, sandberg.. all these things are happening simply because they saturated fb user growth. stock market doesnt care how big you are, they just want growth. meta is flailing about in the water, if they cant find growth from somewhere they will drown. (and i will celebrate)
- ninethirty 4y agoI'm late to the party, but I'll chime in anyway... Keeping up with friends can only work if one has friends; We are more isolated than ever. I always blamed the boring suburbs/built environment for this, but Japan has the same problem, so idk. The poll of 1,254 adults aged 18 and older found that 27 percent of millennials have no close friends, 25 percent have no “acquaintances” and 22 percent — or 1 in 5 — have no buddies at all. Japan’s Kyodo news agency reported On the 12th, citing the results of the survey, 31.3 percent of Japanese surveyed said they had no close friends, far higher than the United States, Germany and Sweden. "Every empire contains the seeds of its own destruction" -G.W.F. Hege