Ten years later the answer is the same: NO! You are running a TGV train, Mark. TGVs can only generate cash, not breakthrough innovation.
So, what’s the moat for facebook/meta? AI capabilities for content generation, better discovery, next level communication platforms (whatsapp/messenger) and video (Instagram).
The users are already there and waiting for better products.
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Rule no 1: Don’t ship experiments Rule no 2: Don’t forget rule number 1 Rule no 3: Pivot as many times as necessary in order to cross the chasm. I was in the US when the 1st iPhone was launched and I remember it was such a frenzy. All the (...)
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Source: Netflix With the year-end reporting season, I took a look at Netflix’s financials. (btw, they are the only large streaming movie platform that’s profitable) So, I have reached the following conclusions: 1/ They are trying to be like a music label…by building their own catalog (+$100 bn spent in (...)
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