Facebook's TikTok-like redesign marks sunset of social networking era

Re:Facebook's TikTok-like redesign marks sunset of social ne... by threeseed on Tuesday July 26, 2022 @10:35PM (#32246336)

There isn't. Many companies e.g. Path, Google have tried and failed to build a social network that focused on more personal relationships.

They simply don't offer enough value over say a WhatApp group.

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Re:Facebook's TikTok-like redesign marks sunset of social ne... by nine_k on Tuesday July 26, 2022 @10:38PM (#32246350)

I think they wanted hockey-stick growth and prospects of a big payout, while the sustainable model may be a lifestyle business that barely pays for itself.

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Re:Facebook's TikTok-like redesign marks sunset of social ne... by naravara on Wednesday July 27, 2022 @11:21AM (#32251560)

This. Though I'm not even sure about the "barely pays for itself." I mean, Automaticc/Wordpress sustains itself okay and had the resources to buy Tumblr. I think they're just under $100M in annual revenue. Outside the world of absurd Silicon Valley valuations, that would be considered very respectable

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