4 ms·
I've read posts like this for 10 years at least.
by fullshark 2y ago
I've read posts like this for 10 years at least.
- bobthepanda 2y agoit takes a long time for companies to die. it took sears decades even though everyone could see that coming from a mile away.
- guestbest 2y agoSears was killed off, though.
- Finnucane 2y agoSo what we need is a heavily debt-leveraged private-equity buyout of Facebook? Then it will be gone in a couple of years.
- burningChrome 2y agoIt will take even longer for FB compared to Sears. FB could lose 50% of its users and still clear billions in profit.
- throw5345346 2y agoIt could, but it would be more challenging for them to arrest a downward spiral. Facebook is not immune to Metcalf's Law. People will log in less when half their friends are not there, meaning fewer ad impressions. And that's if you assume that falling numbers of people are their only problem, and it's really not that.
- novagameco 2y agoMy dad bought a fridge from them a couple years before they went bankrupt. When he had issues with it he tried to claim the warranty but got a whole runaround. He declared to me that he would never buy from sears again probably 3 years after they went bankrupt