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by ksec 1326 days ago
Markets can stay irrational longer than you can stay solvent.

But the real story is simply Human Nature at work. Everyone ( or at least a sufficient amount of people with Power ) hates Facebook. And they need a good story to shit on it.
2 comments
uniformlyrandom 1326 days ago
> Everyone hates Facebook

No, not everyone. Everyone on Reddit, and 50% on HN hate Facebook. All the power they have is to post snarky comments, upvote, and (maybe) downvote.

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tangue 1326 days ago
I actually did love Facebook and had success with ads in the past but there were so much redesigns in the ad manager that I can’t use it anymore
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bckr 1326 days ago
They also have the power to stop using it.

Easier said than done, as I know because I still use Messenger.

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nvarsj 1326 days ago
2 billion DAU (and growing) seems to be a strong argument against "everyone hates FB".
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JeremyNT 1326 days ago
Is it? It's entirely possible to both use something due to (perceived) necessity while still hating it.

In certain contexts that distinction may not matter - a user is a user, right, who cares how much they hate you? But if a large enough percentage of your users hate your service, it should at least in theory reduce whatever moat you've built that keeps them captive.

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