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But it in no way ensures they stay relevant. It is literally just blindly flailing around buying anything that gets a lot of users out of fear and having no id

But it in no way ensures they stay relevant. It is literally just blindly flailing around buying anything that gets a lot of users out of fear and having no idea how to maintain their position.

jmathai 13y ago
It doesn't ensure they stay relevant but it's a better strategy than watching your target demographic leave your platform. It's a $19B investment in trying to keep people on Facebook. $20B if paired with Instagram and $24B if they had acquired SnapChat. The numbers sound crazy but they're trying to hold on to and grow a market cap that's currently $175B. Zuck has some steel nuts but it's what got him to the $175B number in the first place.
- nousernamesleft 13y ago
  >It doesn't ensure they stay relevant but it's a better strategy than watching your target demographic leave your platform. I don't see any evidence to support that claim. It is a different strategy, but I don't see any indication that it is better. Flushing a few billion dollars down the toilet is a different strategy too, but that doesn't make it better.