5 ms·

Meta is one of the few companies where the job cuts really make sense. I mean, they have not a single product which is basically not on a steep dying path. Face

Meta is one of the few companies where the job cuts really make sense. I mean, they have not a single product which is basically not on a steep dying path. Facebook will be gone as soon as the boomer generation will fall like dominoes. Instagram is slowly dying amongst millennials and the Metaverse has already been largely rejected by users before it even took off. If Meta didn't own WhatsApp then I think most people would even forget that this company still exists.

kingkongjaffa 4y ago
> Instagram is slowly dying Is it? I thought it was still the premiere place for virtually all segments of product and lifestyle influencing. Rough thesis: The kids on TikTok don’t have money to buy $fancy thing. But the adults on Instagram do.
duud 4y ago
2.96 billion people remember that the company exists on a daily basis. Meta did more than three times TikTok's reported total 2022 revenue in Q4 alone. https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4/Meta-12.31.2022-Exhibit-99.1-FINAL.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4...
deleted 4y ago
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oblio 4y ago
> Facebook will be gone as soon as the boomer generation will fall like dominoes. Mr. Soapbox, freaking Yahoo isn't dead and you think Facebook will be gone :-) Heck, Borland IDEs are still around. Facebook (the social media network) will be around in some form or another long after my kids are gone. You don't go from having several billion users to 0 in anything less than a lifetime, because you know what, that network is probably profitable even with 10-50 million people and if Meta doesn't want it, someone will ask them to spin it off and sell it to them. Successful software rarely dies, successful networked dies even harder and slower.
- atominte 4y ago
  > Successful software rarely dies, successful networked dies even harder and slower. Please follow me on MySpace and make a cool post on digg ;-) However, I agree with you that Facebook will be around for a long time.

kingkongjaffa 4y ago

> Instagram is slowly dying Is it? I thought it was still the premiere place for virtually all segments of product and lifestyle influencing. Rough thesis: The kids on TikTok don’t have money to buy $fancy thing. But the adults on Instagram do.

duud 4y ago

2.96 billion people remember that the company exists on a daily basis. Meta did more than three times TikTok's reported total 2022 revenue in Q4 alone. https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4/Meta-12.31.2022-Exhibit-99.1-FINAL.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4...

deleted 4y ago

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oblio 4y ago

> Facebook will be gone as soon as the boomer generation will fall like dominoes. Mr. Soapbox, freaking Yahoo isn't dead and you think Facebook will be gone :-) Heck, Borland IDEs are still around. Facebook (the social media network) will be around in some form or another long after my kids are gone. You don't go from having several billion users to 0 in anything less than a lifetime, because you know what, that network is probably profitable even with 10-50 million people and if Meta doesn't want it, someone will ask them to spin it off and sell it to them. Successful software rarely dies, successful networked dies even harder and slower.

atominte 4y ago
> Successful software rarely dies, successful networked dies even harder and slower. Please follow me on MySpace and make a cool post on digg ;-) However, I agree with you that Facebook will be around for a long time.