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by WheelsAtLarge 2825 days ago
Facebook is here to stay. They are not Myspace. They are following the model of many of the tech companies that survive. If they can't copy it they will buy it. They have enough revenues that they can buy any hot startup and nurse it to success. Zuckerberg will likely be CEO for at least the next 10 years and has shown that he can learn from mistakes and continue to succeed. He's one of the few that has learned his way to successful CEO of a large company. There's very little that can bring them down. Even if the government regulates them the regulations will not be so stringent that they will cause Facebook to fold. The irony is that regulations favor big companies since they make it harder for small start-ups to succeed.

I'm not a fan but I see reality.

2 comments

The question is are they here to stay like Microsoft, or Oracle?
facebook might actually move away from Web 3.0 and then become here to stay like ... TV 2.0

the content already feels like a mindless one-way feed from a centralized provider. barely at all like the original incarnation that connected me with my friends.

Facebook is dead. They have lost all momentum. The older people that have not moved on to snapchat or Instagram are exactly those that will be flummoxed by the changes.
Facebook owns Instagram, and Instagram Stories is eating Snap's lunch.

I'm sure they'll be okay.

Why do people compare Instagram Stories to Snapchat? Instagram copied stories from Snapchat, but they didn't copy the core of the app, ephemeral pictures.
Honestly, it is dead in terms of people wanting to be on it. But in college, as I've recently discovered, everything is on Facebook, whether it be clubs, your hall mates, study groups, anything.
Snapchat and Instagram serve a completely different purpose to facebook though.
they serve the same purpose that facebook did when it was nascent/enjoyable