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I wager that Facebook did precisely the opposite, eking out short-term engagement at the expense of hollowing out their long-term value. They do model the LTV
by esafak 2y ago
I wager that Facebook did precisely the opposite, eking out short-term engagement at the expense of hollowing out their long-term value.
They do model the LTV now but the product was cooked long ago: https://www.facebook.com/business/help/1730784113851988 https://www.facebook.com/business/help/1730784113851988
Or maybe you meant vendor lock in?
- taurath 2y agoThey did that because they needed ad revenue to justify their growth and valuation, or at least, to make as much money as humanly possible for Mark. What will happen to Anthropic, OpenAI, etc, when the pump stops?