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Facebook didn't solved any real problem, "Move fast and break things" is for investors not hackers. Famously gmail was very good quality web app and code(can't

Facebook didn't solved any real problem, "Move fast and break things" is for investors not hackers. Famously gmail was very good quality web app and code(can't say the same today) surely not the product of today's "fast iteration" culture

nc 1y ago
Meta has a 1.79T market cap, they definitely solved some very real problems to get there. There are lots of companies doing well producing high quality products out of the gate today though, look at Linear. Both approaches are valid for building sustainable enduring businesses.
- hollowturtle 1y ago
  > Meta has a 1.79T market cap, they definitely solved some very real problems to get there. Sure exploiting human attention to sell them ads, it's not technological marvel, I'd say psychological
  - nc 1y ago
    Pretty negative take, TV and Radio also exploit human attention in your book? Technology wise they created React, PyTorch, GraphQL and Llama is open weights.
    - azemetre 1y ago
      Being part of a oligopoly has its perks.
  - lesuorac 1y ago
    Running a platform where billions of users are able to communicate is pretty technologically marvel. Lest not forget when Hotz said he could easily fix Twitter's search functionality only to give up after 3 months [1]. When immensen scale is involved things do become difficult. Like we have a comment below taking a shot at Phillip Morris [2]. Lets see you grow, process, and distribute 1/100 the quality of cigarettes. The end product might not be that great for society but it's not trivial to do it either. [1]: https://www.theverge.com/2022/11/22/23472869/george-hotz-twitter-internship-search-elon-musk-self-driving-cars https://www.theverge.com/2022/11/22/23472869/george-hotz-twi... [2]: https://news.ycombinator.com/item?id=45516831 https://news.ycombinator.com/item?id=45516831
- tuveson 1y ago
  Phillip Morris has a 238B market cap. What problems are they solving?
  - fhd2 1y ago
    Withdrawal symptoms :P The buyer decides whether their problem is a good one to have and whether the solution is adequate. Even when it's, objectively, not.

nc 1y ago

Meta has a 1.79T market cap, they definitely solved some very real problems to get there. There are lots of companies doing well producing high quality products out of the gate today though, look at Linear. Both approaches are valid for building sustainable enduring businesses.

hollowturtle 1y ago
> Meta has a 1.79T market cap, they definitely solved some very real problems to get there. Sure exploiting human attention to sell them ads, it's not technological marvel, I'd say psychological
- nc 1y ago
  Pretty negative take, TV and Radio also exploit human attention in your book? Technology wise they created React, PyTorch, GraphQL and Llama is open weights.
  - azemetre 1y ago
    Being part of a oligopoly has its perks.
- lesuorac 1y ago
  Running a platform where billions of users are able to communicate is pretty technologically marvel. Lest not forget when Hotz said he could easily fix Twitter's search functionality only to give up after 3 months [1]. When immensen scale is involved things do become difficult. Like we have a comment below taking a shot at Phillip Morris [2]. Lets see you grow, process, and distribute 1/100 the quality of cigarettes. The end product might not be that great for society but it's not trivial to do it either. [1]: https://www.theverge.com/2022/11/22/23472869/george-hotz-twitter-internship-search-elon-musk-self-driving-cars https://www.theverge.com/2022/11/22/23472869/george-hotz-twi... [2]: https://news.ycombinator.com/item?id=45516831 https://news.ycombinator.com/item?id=45516831
tuveson 1y ago
Phillip Morris has a 238B market cap. What problems are they solving?
- fhd2 1y ago
  Withdrawal symptoms :P The buyer decides whether their problem is a good one to have and whether the solution is adequate. Even when it's, objectively, not.