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Easier said than done. Legacy social media is dying, and Meta has plenty of resources to create products in and monetize other product sectors. And yet... If w
by Zigurd 1y ago
Easier said than done. Legacy social media is dying, and Meta has plenty of resources to create products in and monetize other product sectors. And yet...
If what you know is how to pull oil out of the ground, and build multi billion dollar rigs to do it, that's your sector.
- kjkjadksj 1y agoIt isn’t like the tobacco companies knew any different. They just opted to buy Juul which they could do with their massive cash reserves. Their own efforts (blu?) failed. As the saying goes, those who can’t do, buy.
- XorNot 1y agoMeta posted increased revenues last year. Social media isn't growing like it used to, but that doesn't mean there's not plenty of blood left in the stone. Plus you'll never find a better multiplier then software and consumer spending.