Yeah I remember the discourse around that acquisition as being a really smart play to shore up the new frontier in social media as Facebook grew stale and uncool.
I strongly disagree. I think he might be a joke as an individual, and I hate a lot about his impact on the world, but as a business leader, he's probably at the top 1% of all CEOs, which isn't saying that much, but it's very much not a joke if your metric is shareholder value.
I mean I also think this move doesn’t make sense, but I always find these type of comments interesting. Do people think they could do better in Mark’s shoes?
People said the same thing when he paid $1B for Instagram, for it to look like a crazy bargain a couple of months later.
People also said the same thing when he poured $70Bn into the Metaverse, and they were right.
If Moltbook becomes as big as Instagram I’m giving up on tech and moving to the mountains to raise goats.
They will have to acquire Lobstagram next
Blackadder: Sir, I have been unable to replace the dictionary. I am therefore leaving immediately for Nepal, where I intend to live as a goat.
Who exactly said that about the Instagram acquisition?
Yeah I remember the discourse around that acquisition as being a really smart play to shore up the new frontier in social media as Facebook grew stale and uncool.
I strongly disagree. I think he might be a joke as an individual, and I hate a lot about his impact on the world, but as a business leader, he's probably at the top 1% of all CEOs, which isn't saying that much, but it's very much not a joke if your metric is shareholder value.
> which isn't saying that much
I mean I also think this move doesn’t make sense, but I always find these type of comments interesting. Do people think they could do better in Mark’s shoes?
Hear, hear. Add Scam Altman here too with hiring OpenClaw creator.