3 ms·
Facebook/Instagram had already stagnated. They had so many users their products were just competing with each other. But investors want growth, so they were doo
by sp332 4y ago
Facebook/Instagram had already stagnated. They had so many users their products were just competing with each other. But investors want growth, so they were doomed already. I think Zuckerburg picked the right time, moving when the company was at peak valuation and pouring capital into R&D. I don't like the new Horizon junk, but I'm not convinced that Meta doesn't have enough cash to distort reality enough to make some kind of VR thing, a "thing". It's a gamble, but it's got better odds than doing nothing and fading away.
- lob_it 4y agoStagnation is not a 21st century innovation. Its obvious that Zuck is not catering to 1st world needs, but to his own desires. MP2H Stale and sterile may describe the psuedo-innovation that much of social became by 2020.