alt Hacker NewsI am convinced Mark Zuckerberg does more harm than good for Facebook
like literally they lucked out on the landing the business model early but it feels it has been in an ongoing decline and everything else they have tried has failed spectacularly (and particularly things Mark has put his whole weight behind)
They never became anything more than the ad company
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The transition to mobile-first was a good call. Probably the last good call though. Oh, and buying Instagram.
I think it’s hard to not have any kind of boss. There’s nobody to provide the critique needed to improve the products.
Besides selling democracy for pennies on the dollar, Zuckerberg knew what to buy before everyone else knew what it was worth.
In 2012, everyone around me was lauging at the absurdity of a 0 revenue photo app getting acquired for $1bn. My peers/superiors in the ad business thought Facebook would flail in digital marketing. Oops.
The metaverse might be a big pile of bollocks, but isn't the whole point of being a billionaire to indulge peculiar unpopular obsessions?
Alright, apart from Instagram, WhatsApp, Llama 1 & 2 and somehow managing to sell nearly 10M less nerdy google glasses what has Zuck done for FB?