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They have 2.9bn monthly active users. Like, I left FB five years ago (after staying there for 5 years), and literally HN has been telling me that FB were doome
by disgruntledphd2 4y ago
They have 2.9bn monthly active users.
Like, I left FB five years ago (after staying there for 5 years), and literally HN has been telling me that FB were doomed for all of that time.
I totally agree that TikTok is a very strong competitor, unlike what they've seen before, but writing FB off right now is probably not the wisest long-term decision.
- tenebrisalietum 4y agoHow many in the US, and how many with desirable advertiser demographics. Selling reverse mortgage and pharmaceutical ads to boomer audiences turns you into television, where--at some point--the audience is going to pass on and leave it behind.
- r00fus 4y agoA bit hyperbolic to say HN groupthink => "FB doomed". More like FB is over valued and their product has stagnated and alienated their user base.
- disgruntledphd2 4y agoFacebook acquires IG (over ten years ago now), HN comments: https://news.ycombinator.com/item?id=3817840 https://news.ycombinator.com/item?id=3817840