5 ms·
Google and Facebook have failed to do this, so why is that?
by codeulike 7mo ago
Google and Facebook have failed to do this, so why is that?
- g947o 7mo agoFailed to do what? I'm sure you can find good analysis of why specific products failed. And both Google/Alphabet and Facebook/Meta have a bunch of side projects that are reasonably successful.
- codeulike 7mo agoThey have failed to diversify, is what I meant, despite being around for approx 2 decades
- codeulike 7mo agoLets look at diversification of revenue: meta $164b revenue in 2024: 98% advertising google $350b revenue in 2024: 76% advertising, 12% google cloud, 12% other apple $391b revenue in 2024: 66% hardware (iphone, ipad, mac), 25% services (app store etc), 9% other amazon $638b revenue in 2024: 64% amazon store+associated services, 17% AWS, 9% ads, 11% other microsoft $245b revenue in 2024: 40% azure/server products, 22% office, 10% windows, 9% gaming, 7% linkedin, 5% search+ads, 8% other I'm not particularly a microsoft fan, just making this point because I think MS is poorly understood by the HN crowd