The problem when working for Meta is that if you do a good job, you've helped make the world worse... so the real heroes are the people wasting money and reducing efficiency If you're at all competent, go work somewhere else
I'd take zstd any time while I have facebook and friends blocked. The world is not black and white.
I am sure it made developing and standardizing the algorithm easier, but what makes it such a good (performant) algorithm is the design of the original creator.