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by kristopolous
862 days ago
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And AOL's stock had a 500% return in the 2010s... Yahoo had 300%. Are you saying people like Facebook's new features like the suggested posts and what they've done to Instagram? Was their VR product line secretly a success? These things eventually catch up. There's also a number of fairly bad bets they've made, such as the $1 bln kustomer acquisition they spun out at a 75% loss after a year https://techcrunch.com/2023/05/16/kustomer-meta-spin-out/ They have enough capital and trust to stumble around for a while but they sure look like they're yahooing |
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Sure, the company may not exist 10 years from now. But there's no downfall indicator yet for this trillion dollar giant. All companies that size have headwinds and tailwinds. The self-assurance you see on this platform for Meta's sure shot upcoming decline is just absurd.