[SturgeonsLaw]

Yeah, the traditional move for a company of Facebook's size would be to pivot from a growth play to a value play, and focus on value extraction. Perhaps even - gasp! - pay dividends. This would have been a lot more appealing to the big insto funds and potentially bouyed the share price.

The current plunge we're seeing is a vote of no confidence from the market.

[thehappypm]

Alphabet does this in an investor friendly way. Separate out the “bets”, keep them relatively small, but allow them to run for years.