Meta feels like it is slowly decaying. We still have hoards of users, but for how long? I’m worrying we are going to be like MSN, MySpace or Skype when the hoards move over to the next cool things. Leaving behind something that looks like Yahoo did. Quest is only point of light I see, but too small to carry the current company. Am I rat wanting to leave a sinking ship?
Repeat after me Meta is not only Facebook
Yep, yall are using a meta product right now...
FB has become a boomer product unfortunately. But Instagram reels is here to stay. And your leader is an evil genius. He’ll figure out something to stay relevant. Things like metaverse. If it clicks, Meta is gonna be very big again.
IMO Meta’s future will be shaped by: - Its ability to acquire threats (like it did with WhatsApp and Instagram) - The success and implementation of the Metaverse If it can manage either of those two items well, Meta won’t be going away anytime soon
With so many top execs leaving in last 2 years, they probably knew something
Its messenger apps and Instagram are pretty strong. Only Facebook is decaying. I think it’s up to how Metaverse will play out and I think it will be successful
Obviously not internal so don’t know all the dynamics of the company but I don’t think Meta is completely cooked yet. They have a lot of extremely good talent, a large pile of cash, and if they can truly execute on a coherent vision of the Metaverse where they own all of some of the platform it’s built on then there will be a future there. However, that’s a big if. It requires a lot of technology both hardware and software to play very nicely together and beyond that it requires a degree of strategic execution on the business side that Meta may not be prepared for. I’m not bearish against Meta yet but they’ve got a lot of work to do.
Metaverse is too soon to the market.
It’s problem is slowing NEW users. It has a lot of users but that demographic will age out and there’s no real backup plan yet. They bought IG to get the generation below FB generation, now they need a new solution for the younger crowd again. Reels goes against TikTok, but they’re going to need some 0 to 1 stuff instead of 1 to N to stay competitive. The devolution to “us too” products it’s always a concern.
I think the ship has sailed for meta .. they are trying to be a hardware company now which means that the profitability goes down the sink.
Luckily businesses don't operate on your feelings and msn, MySpace, and Skype never had massive amounts of technology or a 100b dollar business :)
A fk ton of people still use its products, its not going anywhere anytime soon
A fk ton of people also used orkut or Nokia phones, once upon a time.
Yeah innovation got the best of them. What other platform is beating whatsapp, Instagram, facebook, messenger right now? Tik tok/snap prolly only compete with instagram. Meta still owns social media, next couple years are gonna be crucial deciding either a comeback or a downfall imo