Compensation is the biggest pro. Also, unlike other hire to fire companies (most tech companies at this point in 2024), you at least have a chance to prove yourself and are given a couple months to onboard. There are worse tech companies out there such as Amazon and Intuit, but Meta’s culture is still quite terrible. They try and justify the long hours and stress with how much you can make - Meta still pays more than any other major tech company, even in 2024, which is definitely a pro, but the culture is cutthroat and you can’t trust anyone. It would probably be easier to work two remote jobs at “less prestigious” tech or tech adjacent companies to make the same amount at Meta with more stability, better WLB, and less drama.
Pretty much the same as what one would experience at most tech companies in 2024. But some aspects are better or worse than others. Long hours. WLB is highly team dependent. Apparently Meta used to be a lot better in this regard, but now not so much. It is intense, but if you have startup experience, it is at least less intense than that. And again, it is more fair than a place like Amazon. Office politics are a thing at all tech companies, but a little more extreme at Meta. Blame and shame culture is big. People are snakes and are prepared to throw even the newest and most vulnerable employees under the bus to save their own skins. This makes things quite unfair, but as long as you’re proactive and document everything thoroughly, you’re at least given a chance to refute these attacks. A lot of gossip and backstabbing. This is separate from and still related to PSC culture, which everyone complains about. Management is terrible overall. Sometimes there is micromanagement. One of the few companies where it’s possible you’ll have a manager younger than you, even if you’re only 27-31ish. Often ICs seem to be held accountable for things that are way beyond their day-to-day scope - basically things that are ultimately the fault of leadership and management. Management frequently tries to pin things on their employees. Your manager is often trying to screw you, and if they can’t find a way, they are often trying to invent things you did wrong. This isn’t a dealbreaker because as long as you’re doing your job, it is easy to refute, but it creates a ton of work because you have to be extremely well-organized and have documented every interaction with your manager colleagues. I recommend studying employment law / consulting with an employment lawyer early on in your tenure at Meta, so you know what to look for. Because it is a massive tech company, you are there to please your manager and make them look good, so you need to do pretty much whatever they say. there’s a lot of internal conflict because it’s very authoritarian, also fairly draconian, and it’s bottoms up at the same time, every man for themselves. Do everything your manager says and it is somehow still all up to you as an individual employee to make the company successful. To top it all off, your colleagues suck too. People brag about work that YOU did as being THEIR work that THEY did if it is successful. If a project involving multiple people is so much as an hour late, then YOU are blamed, even if you had nothing to do with the lateness. The lateness itself isn’t really the problem because guess what? It’s not anything is broken. Except for when things do break and the whole app crashes for a day because everyone is forced to focus on office politics instead of their actual work. it’s not really about the value you create, so much as it is the PERCEIVED value you create and whether or not your manager likes you. Ergo, a lot of bootlicking charlatans make it to the top.
https://www.theverge.com/2020/5/27/21271009/instagram-ads-igtv-live-badges-test-update-creators
Seriously, phenomenal copy from Meta. The reels are so creative and entertaining. Are reels the reason for tremendous stock grows last year? I am really curious how much revenue it's generating because I can easily see while world spending many hours per day on reels. Also in modern society, many ...Read more
Meta seems to have ridiculous low P/E. With WhatsApp and Instagram, they can easily increase revenue. TC: $180k YOE: <; 1 NW: ~$57k
Desperate times😂😂 https://techcrunch.com/2022/10/04/instagram-to-increase-ad-load-as-meta-fights-revenue-decline/
Complete novice here, i read investipedia on how Meta makes revenue from ads, but how is it possible that the revenue is in billions comparable to google that is probably every one uses and is familiar with as opposed to Facebook or Instagram that only maybe certain demographic use? #meta
Instagram is pushing ads like crazy to boost their ad revenue and cover up their losses. Instagram should move to a premium model like YouTube does and cut the crappy ads out of the feed.
What’s facebooks competitive advantage or largest revenue streams I can’t see them lasting too much longer next 5-10 years. Still just the facebook platform and WhatsApp, instagram? Do they have other moonshots I don’t know about or other large revenue streams ?
https://business.instagram.com/blog/subscriptions-creators-instagram-recurring-monthly-income I think this will attract more creators and increase quality of Instagram. Will this move FB from purely relying on ads to a YouTube premium kind of subscription revenue based model?
Last quarter, your CFO talked about "meaningful slowdown in revenue growth and for aggressive investment for 2017. With Instagram eating snap's lunch and add revenue poised for good performance this past Q4 will Facebook shares grow or drop? Thoughts?
Is it always going to be ads or is there some other revenue generator that I'm missing ? WhatsApp will likely always be a user retention play. Instagram is promising but are there other drivers of growth ? Tc : 275k
Do you think Zuck is funding Democratic Party to impose a ban on TikTok so he can save his sinking ship? US residents will end up using only Instagram or Facebook which will bring more Ad revenue to his company..
I was reading an article today that it claimed that the Chinese owned viral-video platform aka TikTok reached one billion monthly active users faster than either facebook or instagram and is on track to triple its revenue this year. Do you think instagram has any chance to come back and destroy Tik...Read more
When I look at other companies like Apple, Google, Microsoft, and Amazon, we have the fewest products. Microsoft is portrayed on Blind as some slow corporation that takes an eternity to deliver a single feature. Yet Windows 11, laptops, Azure, Xbox, Outlook, Word, Teams, One Drive, visual studio, c...Read more
Given the loss of users and overall dip in ads revenue, what does the future hold for Meta? I suppose Insta and WhatsApp and some other products will stay on, but is that enough to be on top? Seems like all bets are on metaverse working out. #Facebook #meta
• 1500 MAU and growing (no ad spend, organic growth on Instagram) • Solid PMF from the past 2 years • $100k GMV last year • 35% revenue share Let me know if this space interests you! Would love to have some ground support 🪽 (I'm also a SWE at Meta. TC 315) #startups #fashion #nyc
I talked to a few Director level folks at META and everyone is unanimously agreeing on rapid fall of META. Zuck seems obsessed with his crapshit Metaverse story where revenue channels are almost thin. The main FB app has slowed down significantly and the only growth engine they see is Insta. Zuck...Read more
Source https://www.theinformation.com/articles/revenue-at-tiktok-owner-bytedance-rose-more-than-30-in-2022-topped-80-billion ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021, according to two peopl...Read more
Recruiter told me the target is staff. Not sure if they would move it down after interviews. I don’t want to waste time preparing interviews. How do people see their valuation? 39b. Doordash is 33b now. Insta does have higher revenue? Yoe8 L5 in google tc 450
WallStreet: We need double digit growth from Alphabet. Sundar Pichai: Alright folks, time to put more ads in YouTube WallStreet: Alphabet revenue is hitting saturation. Sundar Pichai: Devs, innovate and remove the Skip Ad feature. WallStreet: TikTok is going kill YouTube and Instagram Sundar Picha...Read more