3 ms·

Crazy town? Or simply where FB / Meta is now? Wall Street doesn't like surprises. These type of rules create - at least the illusion of? - consistency. Put ano

Crazy town? Or simply where FB / Meta is now? Wall Street doesn't like surprises. These type of rules create - at least the illusion of? - consistency. Put another way, Meta has jumped the shark. It's startup days and the associated mind set are now long behind them. Expect to see them all wearing Meta blue suits - a la IBM - soon :) Note: This isn't necessarily a bad thing per se. It's ultimately a matter of perspective. Sure, HN won't like it. But HN isn't Meta's market and/or concern, eh.

exhaze 3y ago
Suggest you listen to a Meta quarterly analyst call. This is not on their radar. Only possible way this would even appear is via quarterly earnings line item for YoY R&D spend growth that states Meta was able to reduce it by N%. Regarding IBM comparison, no clue where you’re coming from. IBM has historically been sales driven and for past few decades derived most sales from services. FB is product driven and gets most of their sales from their ad products. FYI I don’t work and never worked at Meta, this is just based on info I got online + personal accounts of folks I know who have worked at Meta in the past.
- mattbrewsbytes 3y ago
  People keep talking about Google and Meta and Tech in general but what everyone is describing is how very large groups of humans organize and operate and all the dysfunctions that come with that. Pick any company over 10k people and you will have all the same issues, doesn't matter if they are walking around in blue suits in cube farms with fluorescent lights or sitting in bean bags next to lava lamps with a hoodie on. People don't want to admit it but Tech companies at that size operate more like IBM than a startup (I'm not comparing products/services just how humans are organized and dysfunction).
- chiefalchemist 3y ago
  They have a quarterly call but they're not concerned about perception? I don't doubt you but that's a mouthful that it would help to unpack. Meta isn't a startup anymore. And they have to meet expectations, or suffer the consequences. Right?

exhaze 3y ago

Suggest you listen to a Meta quarterly analyst call. This is not on their radar. Only possible way this would even appear is via quarterly earnings line item for YoY R&D spend growth that states Meta was able to reduce it by N%. Regarding IBM comparison, no clue where you’re coming from. IBM has historically been sales driven and for past few decades derived most sales from services. FB is product driven and gets most of their sales from their ad products. FYI I don’t work and never worked at Meta, this is just based on info I got online + personal accounts of folks I know who have worked at Meta in the past.

mattbrewsbytes 3y ago
People keep talking about Google and Meta and Tech in general but what everyone is describing is how very large groups of humans organize and operate and all the dysfunctions that come with that. Pick any company over 10k people and you will have all the same issues, doesn't matter if they are walking around in blue suits in cube farms with fluorescent lights or sitting in bean bags next to lava lamps with a hoodie on. People don't want to admit it but Tech companies at that size operate more like IBM than a startup (I'm not comparing products/services just how humans are organized and dysfunction).
chiefalchemist 3y ago
They have a quarterly call but they're not concerned about perception? I don't doubt you but that's a mouthful that it would help to unpack. Meta isn't a startup anymore. And they have to meet expectations, or suffer the consequences. Right?