Their users are trending older now, and the brunt of ad revenue will be destroyed eventually. Why do you think Mark pivoted the company?
I don't disagree. HackerNews comments + Reddit insist the Meta is the worst thing ever.
Why? I don't know? Because HackerNews comments + Reddit sentiment said so? I'd love to learn why the company is so hated.
It can't be ignored that tons of people still "trust them enough" (begrudginly?) to use their products. Sure, a very vocal minority will say "I'm Meta free/use none of their products!" but that's not what their earnings shows trend wise.
> Meta's standard user metrics also show continuing stability and growth during Q3. Both Daily Active People ("DAP") and Monthly Active People ("MAP"), users of Meta's Family of Apps, grew sequentially by just over 1.5% in Q3, while Monthly Active Users ("MAU") and Daily Active Users ("DAU"), users of Facebook only, both grew 0.8%:
signed, 1 of 2,000,000,000 monthly active users across Messenger, Facebook, WhatsApp, Instagram