[hustwindmaple1]

Getting rid of reality labs, then what? Be a sitting duck and getting attacked by Tiktok/Apple left and right? They have basically no moat now.

VR is prob. the only thing that remotely looks promising for META now.

[colinmhayes]

Facebook still has 3 billion daily users. For all the doom and gloom it’s doing fine. Yes it’ll probably slowly fade into history but that will take decades.

[kevinventullo]

That doesn’t make for a compelling buy signal. In principle, you should buy a stock because you believe you will be repaid in dividends over time. If the ship is sinking, even slowly, those dividends are not terribly appealing.

[samatman]

By the end of the decade people will feel about Facebook the way they feel about Game of Thrones.

Vaguely remember when it was a big deal, but not why.

[ethbr0]

This undervalues Facebook's social network moat, which is honestly what they should be leaning into: a more interactive Yellow Pages / local groups directory.

That's much harder for competitors to disrupt, especially when you give people tools to amass and customize content on their pages. E.g. wiki's, info, etc.

[samatman]

There's no moat.

Inertia isn't a moat.

Source: I've re-spanned my social graph several times since Usenet.

It's fine. People aren't corporations.

[badpun]

By that logic, Google has even less of a moat? I mean, anyone with money can just make a decent search engine.