I'm always suspicious of stats like this. Is it cherry-picked? Does it mean what it sounds like it means? Do young users just delete-n-reinstall apps more often than older users? Is 44% higher than last year...? All that said, I expect FB (the social media network, not the company) to peak and shrink, at some point. It just seems more like something that exists for a certain period of time. Imagine a movie set in 203…
Probably true in the US. But FB is still growing overseas.
> Facebook hasn't shown execution ability like that yet. Their moat isn't that deep.
Their moat is pretty deep. They own 4 out of the top 6 social media platforms.
https://www.statista.com/statistics/272014/global-social-net...
All their properties are growing worldwide (even FB). And the fastest growing platform in the US for young adults is instagram. Guess who owns instagram?