[ramraj07]

Maybe myopic share holders sure. There’s no way a logical person would think this is going to increase their returns on this company. Alienating your top creators is not a great strategy.

As for your Facebook analogy, I don’t buy it. Every young person I know (less than 45 yo) both in US and India maybe logs into FB once a month to see if someone in their extended life got married or bit the bullet. That’s it. The 3 billion number seems to be some clever accounting to me. I agree that between instagram and WhatsApp they have covered most people however, but not by just Facebook. And I’d argue that’s not necessarily because they alienated their users actively anyway. Not like Reddit is doing now.