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Ask HN: If Meta dies will React follow?

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Re: Ask HN: If Meta dies will React follow?

#31

Post by ryandvm »

samwillis wrote: post #17

I would usually argue that there is no way the Facebook/Meta would die (it almost certainly wont) and so the question is redundant. However because of the way Meta share ownership is structured Zuckerberg has complete control and the board/shareholders cannot eject him. Most (every?) other public company would go through multiple leadership changes over their lifetime as shareholders exert control. Zuckerberg seems t…

Fascinating. Looking forward to when Zuck hits his mid 40s and ends up self-immolating Meta in the most glorious mid-life crisis the world has ever seen.

[Source: I'm in my 40s and could easily imagine cratering a trillion dollar company I created in a quixotic quest to make the world a better place.]

Re: Ask HN: If Meta dies will React follow?

#32

Post by dopidopHN »

chrisdbanks wrote: post #25
tablespoon wrote: post #10

Earlier quoted context omitted.

> Meta's death (if it happened), will be a slow and a long one. Exactly, there's no way Meta will suddenly disappear and go poof, barring some kind of extreme government action or bizarre corpora-cidal action by its controlling shareholder Mark Zuckerberg.

I'm sure that's what MySpace investors thought.

Myspace was not such a development powerhouse, was it? For instance in the context of that question, did they issues framework widely adopted outside of MySpace?

Re: Ask HN: If Meta dies will React follow?

#35

Post by turnsout »

parkingrift wrote: post #11

I belligerently hate Meta, but it's pretty wild to speculate that a company with 1.9 billion users will just up and die. A slow death on the order of 10-20 years may happen but I doubt React will still be popular by that time no matter what happens with Meta.

It will look like the death of Yahoo... It lost relevance very quickly, but was able to survive as an irrelevant zombie company for a long, long time.

Re: Ask HN: If Meta dies will React follow?

#36

Post by MuffinFlavored »

samwillis wrote: post #17

I would usually argue that there is no way the Facebook/Meta would die (it almost certainly wont) and so the question is redundant. However because of the way Meta share ownership is structured Zuckerberg has complete control and the board/shareholders cannot eject him. Most (every?) other public company would go through multiple leadership changes over their lifetime as shareholders exert control. Zuckerberg seems t…

> However because of the way Meta share ownership is structured Zuckerberg has complete control

How is it structured at a quick brief high level? Just the common "he owns 50.1% of the company in terms of # shares?"

Re: Ask HN: If Meta dies will React follow?

#37

Post by TameAntelope »

pessimizer wrote: post #16
jonathan-adly wrote: post #8

Meta's death (if it happened), will be a slow and a long one. Like Oracle or IBM (although IBM is not completely dead). Given the JS ecosystem cycle, React will be replaced by something better much sooner.

There's nothing about Facebook that anyone needs, that no one else provides. It could go as quickly as AOL.

Connectivity to your social circles is something Facebook provides that nobody else provides. There are other ways of connecting social circles, but due to network effects, they're all worse.

There's no site on the planet other than Facebook that lets me interact with my entire family all at once in a way that I know will reach them.

Re: Ask HN: If Meta dies will React follow?

#38

Post by fargo »

parkingrift wrote: post #11

I belligerently hate Meta, but it's pretty wild to speculate that a company with 1.9 billion users will just up and die. A slow death on the order of 10-20 years may happen but I doubt React will still be popular by that time no matter what happens with Meta.

2.9 billion users

https://www.statista.com/statistics/264810/number-of-monthly...

Re: Ask HN: If Meta dies will React follow?

#39

Post by mcast »

samwillis wrote: post #17

I would usually argue that there is no way the Facebook/Meta would die (it almost certainly wont) and so the question is redundant. However because of the way Meta share ownership is structured Zuckerberg has complete control and the board/shareholders cannot eject him. Most (every?) other public company would go through multiple leadership changes over their lifetime as shareholders exert control. Zuckerberg seems t…

>In most companies the board would have required the resignation of the CEO after the historically bad results yesterday

That's a strong claim. The stock only dropped 25%, other tech company stocks have dropped as much as 50% in the last few quarters (Snap, DocuSign, etc.) and haven't changed leadership.

Re: Ask HN: If Meta dies will React follow?

#40

Post by parkingrift »

echelon wrote: post #23
parkingrift wrote: post #11

I belligerently hate Meta, but it's pretty wild to speculate that a company with 1.9 billion users will just up and die. A slow death on the order of 10-20 years may happen but I doubt React will still be popular by that time no matter what happens with Meta.

> A slow death on the order of 10-20 years may happen A sibling comment even said, > Meta's death (if it happened), will be a slow and a long one. Like Oracle or IBM (although IBM is not completely dead). I think death could happen a lot sooner. Rapidly, even. Meta is not B2B, but B2C. They won't have ten year contracts, legacy workloads that they can raise costs on, or new businesses to schmooze over a game of golfi…

Neither MySpace nor Digg were anywhere near the scale of Meta. At it’s peak MySpace was one or two orders of magnitude smaller than Meta is today. Facebook may wither and die but they also have Instagram, WhatsApp, and Oculus.

And for what it’s worth there is almost nothing more I’d like to see than Meta vanishing. I hope you’re right.

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