Meta’s testing $12 per month paid verification on Instagram and Facebook

Re:Meta’s testing $12 per month paid verification on Instagr... by soneca on Sunday February 19, 2023 @01:21PM (#34860269)

Too early to tell any of those things. The layoffs on sales might make the business worse in the mid term. The layoffs on product and engineering might make the product worse, even obsolete in the mid term. There is absolutely no way to tell if light handed moderation will work. There is no way to know if the service revenue makes any difference compared to ad revenue.

You are wishful thinking the best case scenario for Musk decisions. It is just as likely, in my opinion, that in a year or two the worst scenario will be the outcome of Musk tenure.

The worst case scenario, in my view, is something like the revenue never recovering to pre-acquisition levels (which weren’t great already), the product not having any significantly valuable new feature, and suffering from long outages and ended up being sold for ~$10bi.

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Re:Meta’s testing $12 per month paid verification on Instagr... by blastonico on Sunday February 19, 2023 @03:20PM (#34861426)

Overstaffing a company doesn't mean it makes great products too, it tends to create more bureaucracy, deep hierarchy structure, and pointless products (some companies putting more effort on these products then focusing on their best ones...).

It's extremely difficult to find the right balance, almost impossible when the company is sky rocketing, like Twitter was.

Trying to analyze it from a business man perspective, I see that Elon's trying to find that balance and I see that as positive. He can be wrong, things can go wrong, but sometimes you must make this kind of decision, take the consequences, and adjust to fix what you broke.

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