Re:Facebook reports second quarter results
by whoisjuan on Friday July 31, 2020 @12:54AM
(#24005794)
Yeah I understand all your points. But I'm saying that no company has been able to replicate the rapid rise and dominance of Facebook since the latter went public.
Maybe in the next decade Uber or AirBnB or one of these SaaS players will have a major explosive new product or service, like Apple had with the iPod and later with the iPhone, and become a real tech behemoth. Time will tell.
Re:Facebook reports second quarter results
by thehappypm on Friday July 31, 2020 @11:54AM
(#24009932)
Amazon isn't a SV company.
Re:Facebook reports second quarter results
by ytpete on Thursday August 06, 2020 @01:29PM
(#24073246)
I was interpreting it as a metonym (https://en.wikipedia.org/wiki/Metonymy) for tech startups in general. Uber, Lyft, and AirBnb aren't literally "Silicon Valley" companies either since they are based in SF.
I don't know...
* Apple disrupted the way we live and interact more recently (iPhone).
* Uber & Lyft may be barely alive currently, but mostly/only because of Covid - they were doing decently enough before then. Same for AirBnb, though IMHO they're not as disruptive.
* If Facebook counts despite poorly executed earlier companies attempting the same idea, then Netflix probably counts for this list too - crappy cable TV on-demand existed before them, but widespread changes in how we consume video didn't occur until the rise of Netflix streaming.
* Amazon didn't really take over all of online shopping until around the same time Facebook was exploding, if I remember.
* Widespread consumer access to GPS - starting with Garmins in cars, then later smartphones - didn't really happen until well into the Facebook era as well.
* The dominance of the SaaS model mostly came after Facebook too.