06-10-2021, 05:15 PM
(05-10-2021, 11:47 AM)Wildreamz Wrote: For 17 years (Facebook was founded in 2004), Facebook could not find a viable/profitable business model that respects and benefits all stakeholder. Misaligned incentives? Malice? Incompetence? Perhaps a combination of all?
Either way, I will not be interested to be an investor. Personally.
(not vested; ymmv)
There are many forms of social media. Some categories include:
1. predominantly 1-to-1 messaging (WhatsApp, FB Messenger, Snapchat, Signal, Telegram etc.)
2. predominantly 1-to-many multi-media (Twitter, FB, Instagram, Pinterest)
3. Short-form video (TikTok)
4. Long form video (YouTube)
One might believe that FB is doing an insufficient job at managing stakeholders' interest. But - and I'm not being snarky, just genuinely curious here - which other forms of social media is doing a better job or is better positioned to do a better job?
What are the solutions to all the mistakes which Facebook is making?