Quote:
Originally Posted by GGG
I think Meta is far more interesting.
Zukkerberg knows that Facebook, Insta etc are done growing and have entered a state of perpetual decline.
Regulators won’t allow Facebook to buy more social media entrants
They didn’t get to become the host platform and just tax others like apple and google app stores.
So they have two options. Maximize revenue and become a legacy company retiring the largest dividend they can or try to invent the next thing
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$1 billion for Instagram, which has provided a lot of value.
$17 billion for Whatsapp, which is still a glorified chat app regardless of how much try to turn it into something else.
One was bought at the bottom of the market, one at the top.
Good example of how easy it is to get something wrong.