401–410 of 556 posts
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I think the key is that youth are going to TikTok and not Facebook. They lost the next generation of kids!
Yeah idk I thought the same last time but somehow Facebook always comes back buy buying everything And copying everyone
If the youth are allergic to any FB networks there just needs to be a viable alternative for them to flee.
Facebook’s core business model appears to be in decline. They don’t have a very diversified revenue stream despite trying various side businesses. This is the market worried that Facebook’s best days are behind it. Facebook is betting the farm on the metaverse stuff but without meaningful financial results that’s not going to placate market concerns over what looks like a downhill future for the core businesses. Face…
They don’t have a very diversified revenue stream despite trying various side businesses. Google and Microsoft have had the same business model forever .
But their business models are not same at all, nobody is valuing MS at trillions of dollars for its Windows OS licencing business. In the last 20 years MS has diversifyer into gaming and cloud successfull that are a big chunk of its current business and future growth, even with older products like Office they successfully pivoted to O365 and converted it to a recurring revenue stream.
Amazon is making more money from AWS than retail and evolved a lot as a company.
If the metaverse gamble works Facebook could be looked on as a similar success but until then their growth is risky
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> Google and Microsoft have had the same business model forever . Microsoft has Xbox, Office, Azure, etc. Google has Android, Google Workplace, GCP, etc. When you diversify your income streams you add more. It doesn't mean you get rid of your breadwinner. Facebook's main model seems to becoming illegal and/or not viable via a tech perspective.
> Google has Android, Google Workplace, GCP, etc. Alphabet is more than 80% advertising: https://searchengineland.com/google-q4-2021-earnings-379735 . They are good at skewing how they are perceived but they are very close to being a one-business company. Not defending Facebook, but Google is not much better.
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I wonder why they didn't buy TikTok when it was starting to become popular like they did with Instagram or Whatsapp. Maybe they thought it was going to fail like Vine and other short video platforms.
> I wonder why they didn't buy TikTok when it was starting to become popular like they did with Instagram or Whatsapp. ByteDance was a large company before TikTok and had other successful products. TikTok actually developed out of a billion dollar acquisition Bytedance made[1]. It wasn't for sale. Sort of like how Tinder wasn't for sale because it was owned by IAC (Match, OkCupid). Also regulatory environment in the…
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It's not really plausible that the market can predict Facebook's earnings to within 5% and that such a small miss would cause a rational investor to value Facebook 20% lower. This seems more like a symptom of the market being generally skittish, with a small side of "expected" earnings actually being a low-biased estimate, so it's more like a 10% miss.
2021 was a record year for fund inflows. Stimulus checks combined with broad accessibility of trading platforms (Robinhood, etc.) led to fund inflows growing 71% https://www.reuters.com/markets/europe/global-markets-etf-gr... And that's just ETF inflows aside from mutual funds and options markets. The top recipients, according to the article linked above, were VOO, VTI and SPY. All follow an index that's market-cap-w…
Inflows into market cap-weighted index funds should spread the gains evenly.
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True, but Alibaba does do cloud. Facebook and Tencent are far and away the biggest web companies that don’t do some sort of B2B cloud offering.
https://cloud.tencent.com ?
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Or I could just go follow different groups I care about on Reddit. I don’t really care that much what Karen from high school thinks of her morning latte and spending the time to improve my feed is just not worth it to me.
I am not on FB but I use Reddit and I’m a little worried about how they will try to monetize when they go public. I have a feeling eventually it will become unusable. I’ve been a Redditor for 10 years now and I really hope the marketing via outrage culture doesn’t make its way there but I feel like it’s only natural.
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I don't get metaverse - they seem to be throwing lots of money and people at it, and hyping it up like it's the future. But from what I've seen so far they've just built VRChat, but worse. It's been done before by other people, it's not a new thing at all (Second Life released almost 20 years ago). This isn't a project that benefits from any of Facebooks strengths - game development companies are much better position…
You are absolutely right. Looking back at the days of Mafia Wars and Farmville. For these games social was a core aspect of their success. Now Roblox, Minecraft, and Fifa have incorporated similar features already. In 2022 it's not that hard anymore. So, what would FB's moat be? How large is the overlap between FB's current customers and new Metaverse customers?
FB is really noncommittal about what a metaverse product would even be, which can be interpreted either as secrecy... or they just don't know themselves. From the little we've seen (notable that it's 100% CGI concept reels and 0% anything concrete) it really does seem like just social spaces.
One thing the game studios have figured out is that simple chat is insufficient - Roblox, Minecraft, Fortnite have all developed genuine social spaces that center around some activity. FB's metaverse concept seems to have no unifying purpose and lacks some compelling purpose that the games do. To the extent these necessary unifying activities are discussed it's usually hand-waved away as something users themselves will concoct.
More generally, it seems that FB wants to be the substrate of a new social network - but it's not clear to me that that's what anyone wants? What's the role of FB as a platform when "VR socialization" can just be apps on a device - in which case FB's role is solely that of a device/OS vendor, which clearly is insufficient for their ambitions? What does FB bring to the table that Roblox, Fortnite, Minecraft, etc, would care about?
If socializing in VR is going to be a thing (big if, but let's assume for a second), why would I go to FB? Why would I not directly go to any number of apps and vendors who have created focused products? I don't need a single unifying platform when I can just... install a number of different ones?
This is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of al…
So in other words TikTok has made them have to pause and switch to prioritize Reels (which are in every way worse than TikTok BTW) and that means less eyeballs on ads. Honestly Facebook at this point is entirely unusable. My feed is full of shit I don’t want (and I block ads at DNS level so I can’t even imagine what it looks like for most people): Reels, half baked “memes” that are just really random thoughts from pe…
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> My feed is full of shit I don’t want I don't log in to Facebook very often, but when I do it's not bad at all. I scroll through a few updates from friends and family and catch up with a few people, then I close it for another week or two. There isn't just one "Facebook" that we all see, obviously. Your feed is going to be a reflection of the groups you've joined and the friends you keep (and haven't muted). If you'…
Finally, someone with a similar Facebook experience to my own. I've been reading threads about how horrific the FB feed is for years, but my own is literally 99% updates from friends I don't get to see, and an occasional ad (that is interesting more often than not). Glad to know I'm not completely alone!
When a friend posts, I want to see it. Simple. Sometime, years ago, FB decided to pick and choose what to show me from my friend's feeds. That's when I skipped out of FB, deleted my account.