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A comment on Meta shares drop 20% on Q4 earnings miss, weak outlook. Parent comment

Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by whyenot on Wednesday February 02, 2022 @07:40PM (#30186677)
I would argue that they destroyed Instagram in the process. It set them on a path where they add more and more "features" to Instagram for legitimate strategic reasons, but in the process it turned a focused app into something now approaching the hot garbage that is the Facebook.
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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by whiplash451 on Thursday February 03, 2022 @08:30AM (#30192119)
This book explains very well why and how FB destroyed Instagram from day one, cutting its core values (and therefore long-term value) into pieces.

https://www.amazon.com/No-Filter-Inside-Story-Instagram-eboo...

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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by onlyrealcuzzo on Wednesday February 02, 2022 @10:13PM (#30188073)
The hot garbage app makes almost as much money as Facebook, so... There's that...
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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by rurp on Wednesday February 02, 2022 @10:28PM (#30188201)
For now, but this whole thread is about accepting short term costs for long term gains. The overall direction of Instagram doesn't seem to be following that model.
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