Name one product that Meta created over the last 10 years that mattered - beyond adtech. They can fire everyone in every team and just retain ads (tech and sales) - and some minimal setup for instagram and whatsapp and facebook and their revenue will not take a dent. So, yes, they overhired.
Oculus? Not created, but if you buy a VR headset, Meta Oculus is one of the top choices.
This comment put everything into perspective. I can't name anything beyond Facebook, Instagram or Whatsapp that Meta's created and I've used in the past 10 years.
I've never even (knowingly) used the LLama models tbh.
If you consider Marketplace its own product it’s a massive win but they haven’t monetized it beyond some very ineffective post boosting and advertising. I honestly think they could charge 10% of list price for items over $50, plus membership levels that reduce or remove listing fees. and make a significant amount of money.
true. It's like the the only reason I open FB anymore....craigslist that isn't a PITA.
And WhatsApp and Instagram were acquisitions, not creations.
I would say the Quest 2 and 3