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I disagree about FB. They got a lot of criticism before and immediately after their IPO for not justifying their value. Today they are genuinely making a lot o
by netcan 11y ago
I disagree about FB.
They got a lot of criticism before and immediately after their IPO for not justifying their value. Today they are genuinely making a lot of money. Their advertising platform it is valuable not unlike Google's. I think the only thing likely to harm facebook is losing users.
- toomuchtodo 11y ago> I think the only thing likely to harm facebook is losing users. Which is supposedly happening.
- fivedogit 11y agoObviously this is just one vague, anonymous data point, but I deleted (not just deactivated) my FB account and I feel like a weight has been lifted from me. I don't have to look at a falsely curated feed of how great everyone else is doing anymore. The more people flirt with quitting, the more they realize their feeds have been reduced to attention whores and babies (their real friends stopped posting long ago), the mroe they'll quit and it'll just snowball. FB messed up by getting too big. I'm going to post my true thoughts when my grandfather might read them? Nope.
- Jayd2014 11y agoMy problem with Facebook is that they didn't diversify their products much (except for Oculus). Once FB is not fashionable anymore and users are using another platform (see WhatsApp and why FB bought them) it will be the end of FB. Can they reinvent themselve? not sure, but they surely need to invest more in R&D and diversify their products like Google, instead of putting everything on IM/Social.