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You're right about Amazon (and would have been onto something about Google or even Apple), but I think you overstate FB. They're in a quiet, desperate search f
by swatcoder 2y ago
You're right about Amazon (and would have been onto something about Google or even Apple), but I think you overstate FB.
They're in a quiet, desperate search for a new line of business to justify a trillion dollar valuation as ad tech revenue gets chipped away at by privacy regulation and eyeballs drawn to other networks. They even rebranded their whole identity around a moonshot idea for one.
Poaching little startups is something you might be able to see here and there but isn't something they can or do distract themselves with overall; not nearly to the degree or scale that Amazon does.
For Amazon, it's a top line business stragy. For Facebook, it's something a manager here or there might drive for a little attention.