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Seeing giants fall like this, where they achieve the highest peaks imaginable, but then struggle to find the next thing that is suitably big enough to satisfy e
by fortylove 4y ago
Seeing giants fall like this, where they achieve the highest peaks imaginable, but then struggle to find the next thing that is suitably big enough to satisfy expectations makes me never want to reach mega success status if I ever start a startup.
- rchaud 4y agoWhose expectations? Do you want to build America's next top advertising company? Because that is what FB and Google did. Nothing else they have tried in ~20 years has come close to making any money.
- randomsearch 4y agoIt’s like music. Most bands are capable of a great album, but the truly incredible artists can move from genre to genre constantly reinventing themselves. To create an org that can do the latter (hello, Apple) seems incredible difficult, but it always seems to involve exceptionally creative leaders. So the secret I think is to sell you mega status Facebook Borg and start afresh in a different area without the baggage of the previous app.
- ferdek 4y ago> can move from genre to genre constantly reinventing themselves Sounds a little bit like Nokia, more than Apple. Paper mill, cable products, rubber boots, tires, TV, mobile phones... ;)
- randomsearch 4y agoHa, I’d say Nokia is more like a musician who becomes a farmer then an astronaut and then works in a pub. A bit random.
- crims0n 4y agoDon't forget firewalls!
- netheril96 4y agoThe fall is relative. Zuckerburg himself is still filthy rich. Only some of his employees suffer. So it is still worth to have a startup and make it mega, if you can pull it off.
- marban 4y agoWhat Got You Here Won't Get You There, Marshall Goldsmith
- kamaal 4y agoDo Not Fight the Last War - Robert Greene.
- twobitshifter 4y agoYou could always be like MySpace Tom.
- warcher 4y agoIt's a lottery ticket. You can be good, even very good, your whole life and do just fine. But these kinds of once-in-a-generation moonshots, they're a product of wild ass luck, so if you find yourself with one, you grab it with both hands and ride it as far as it goes. Because it's not about you-- you need to be strong enough to hold on, keep the thing from exploding or crashing into the side of a mountain, but it's bigger than you and your level of control is partial at best. Honestly, it's usually the product of something big happening in the world that you've randomly managed to tap into.
- colinmhayes 4y agoFacebook still has more employees than it did when the pandemic started, and it isn’t particularly close. Is this a fall?
- fortylove 4y agoI think it's not the bottom of the fall, but I do think it's a pretty clear fall. Facebook is the new MySpace, and Instagram is not attracting the newer generations. The metaverse is a wild moonshot to invent a completely new market and platform that Meta alone would control and of sufficient size to replace the inevitable decline of Facebook/Instagram ad revenue. Personally, I don't believe people want the metaverse, and if it succeeds, it'll come at the cost of coercion via marketing overload.