[short12]

Portions of Facebooks app have been facing lots of downtime.

And I disagree. They need more storage and processing power and will continue to do so. They are not going anywhere in the next couple of decades thats for sure

Meta will be a complete failure and be made fun of for years though

[rfd4sgmk8u]

I don't think it is safe to say they are not going anywhere in the next couple of decades. Can you name ANY internet property that has this attribute?

Zuck's greatest fear was that his products would be uncool. What is the coolness factor in 2021?

[m0zg]

I heard from a FB insider that they estimate the half-life of a social networking service to be about 7 years, so they plan with that in mind. Facebook the site might not be there in 20 years, but Meta the company almost certainly will be (even though I think Metaverse will be a flop worse than the Fire Phone), unless US Government puts them out of business.

[crakenzak]

> Meta will be a complete failure and be made fun of for years though

If you really believe this, have some backbone and put your money where your mouth is. Short them.

[mateo411]

I believe that the Metaverse will be a flop. I also believe that FBs stock price will continue to rise.

The market for digital advertising is still growing and I think FB will capture more than their current share of that growth.

They can afford misadventures like the Metaverse.

[HenryKissinger]

Google's stock is higher than when Google Plus launched. The same will be true of FB.

[cambeiu]

Then open a contract on the prediction markets on their products failing. Talk is cheap.

[hans-moleman]

“You’re opinion isn’t valid if you aren’t willing to spend money it.”

This way of thinking is so out of touch it hurts. Not everyone is some tech bro making bank and spending their free time doing crypto and option trades. The commenter has a valid belief that doesn’t need to be belittled just because you may not agree with it.

[kalleboo]

The market can stay irrational for longer than you can stay solvent