[nc]

Meta has a 1.79T market cap, they definitely solved some very real problems to get there.

There are lots of companies doing well producing high quality products out of the gate today though, look at Linear.

Both approaches are valid for building sustainable enduring businesses.

[hollowturtle]

> Meta has a 1.79T market cap, they definitely solved some very real problems to get there.

Sure exploiting human attention to sell them ads, it's not technological marvel, I'd say psychological

[lesuorac]

Running a platform where billions of users are able to communicate is pretty technologically marvel.

Lest not forget when Hotz said he could easily fix Twitter's search functionality only to give up after 3 months [1]. When immensen scale is involved things do become difficult.

Like we have a comment below taking a shot at Phillip Morris [2]. Lets see you grow, process, and distribute 1/100 the quality of cigarettes. The end product might not be that great for society but it's not trivial to do it either.

[1]: https://www.theverge.com/2022/11/22/23472869/george-hotz-twi...

[2]: https://news.ycombinator.com/item?id=45516831

[nc]

Pretty negative take, TV and Radio also exploit human attention in your book?

Technology wise they created React, PyTorch, GraphQL and Llama is open weights.

[azemetre]

Being part of a oligopoly has its perks.

[tuveson]

Phillip Morris has a 238B market cap. What problems are they solving?

[fhd2]

Withdrawal symptoms :P The buyer decides whether their problem is a good one to have and whether the solution is adequate. Even when it's, objectively, not.