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And AOL's stock had a 500% return in the 2010s... Yahoo had 300%. Are you saying people like Facebook's new features like the suggested posts and what they've
by kristopolous 3y ago
And AOL's stock had a 500% return in the 2010s... Yahoo had 300%.
Are you saying people like Facebook's new features like the suggested posts and what they've done to Instagram? Was their VR product line secretly a success?
These things eventually catch up.
There's also a number of fairly bad bets they've made, such as the $1 bln kustomer acquisition they spun out at a 75% loss after a year https://techcrunch.com/2023/05/16/kustomer-meta-spin-out/ https://techcrunch.com/2023/05/16/kustomer-meta-spin-out/
They have enough capital and trust to stumble around for a while but they sure look like they're yahooing
- firtoz 3y agoI know a lot of people who really love Instagram and I'm a big fan of Threads as well as the VR. I know it's anecdotal, but AMA.
- sirpunch 3y agoI absolutely love Instagram app and my friend circle actively uses it. I'm not a big fan of Facebook, but I come back to Facebook groups and marketplace fairly frequently. What's your metric to measure this general propensity? DAU? MAU? Vibes? Sure, the company may not exist 10 years from now. But there's no downfall indicator yet for this trillion dollar giant. All companies that size have headwinds and tailwinds. The self-assurance you see on this platform for Meta's sure shot upcoming decline is just absurd.
- kristopolous 3y agoPeople on https://www.reddit.com/r/Instagram/top/?t=month https://www.reddit.com/r/Instagram/top/?t=month hate what Facebook has done. Click around a bit This brand looks extremely vulnerable