Besides selling democracy for pennies on the dollar, Zuckerberg knew what to buy before everyone else knew what it was worth.

In 2012, everyone around me was lauging at the absurdity of a 0 revenue photo app getting acquired for $1bn. My peers/superiors in the ad business thought Facebook would flail in digital marketing. Oops.

The metaverse might be a big pile of bollocks, but isn't the whole point of being a billionaire to indulge peculiar unpopular obsessions?

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wjeje 2 days ago | parent [-]

No he bought everything out of paranoia to shut out competition.

They tried organically to replicate instagram etc but they failed even though they had wayyyy more resources. Their attempts sucked. So their approach was to target for acquisition or copy features if they couldn’t.

There’s plenty of evidence of this re. His comms around those events.

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breppp 2 days ago | parent | next [-]

Only someone who had so much luck in finding a product that clicks, would know the worth of buying such a product

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alex1138 2 days ago | parent | prev [-]

Zuckerberg copied Snapchat like... 5 times at least? It should have signified to EVERYBODY he has sociopath-like behavior (in fact apparently on the Zuckerberg-owned Instagram, Snapchat content got demoted, or something) and how he is absolutely the same person that was willing to fuck the Winklevosses ("in the ear")

But I suppose that doesn't count because Winklevii "never would have come up with anything anyway"

Edit: https://news.ycombinator.com/item?id=21114106

	▲	cindyllm 2 days ago \| parent [-]
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