Name one product that Meta created over the last 10 years that mattered - beyond adtech. They can fire everyone in every team and just retain ads (tech and sales) - and some minimal setup for instagram and whatsapp and facebook and their revenue will not take a dent. So, yes, they overhired.

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muragekibicho 2 days ago | parent | next [-]

This comment put everything into perspective. I can't name anything beyond Facebook, Instagram or Whatsapp that Meta's created and I've used in the past 10 years.

I've never even (knowingly) used the LLama models tbh.

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subpixel 2 days ago | parent | next [-]

If you consider Marketplace its own product it’s a massive win but they haven’t monetized it beyond some very ineffective post boosting and advertising. I honestly think they could charge 10% of list price for items over $50, plus membership levels that reduce or remove listing fees. and make a significant amount of money.

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avgDev 2 days ago | parent | next [-]

I am so disappointed that Marketplace killed craigslist. Marketplace search is awful. It is probably the worst shopping I have experienced.

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postexitus 2 days ago | parent | next [-]

Did it though?

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subpixel 2 days ago | parent | prev [-]

The disappointment needs to be directed at Craigslist, which sat on its hands and let FB eat their lunch.

And while FB marketplace search kinda sucks the algorithm is supremely effective at surfacing listings based on your searches and activity.

	▲	avgDev 2 days ago \| parent [-]
		I use marketplace to search for cars, and the algorithm is beyond frustrating. I just want some decent filters. How a company that big can create something so terrible is beyond me.

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bluecheese452 2 days ago | parent | prev | next [-]

Nah if that happens we all go back to craigslist or wherever.

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b_t_s 2 days ago | parent | prev [-]

true. It's like the the only reason I open FB anymore....craigslist that isn't a PITA.

	▲	postexitus 2 days ago \| parent [-]
		Oddly enough - facebook groups are not terrible for very niche hobbies. Not sure what makes them attractive, but the groups are there. Thinking about it - there is really no alternative. My Retro Computing group is there, car owners group is there, very niche metal bands' posters group is there.

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Twey 2 days ago | parent | prev [-]

And WhatsApp and Instagram were acquisitions, not creations.

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sph 2 days ago | parent | prev | next [-]

Oculus? Not created, but if you buy a VR headset, Meta Oculus is one of the top choices.

	▲	postexitus 2 days ago \| parent [-]
		True - although let's call it what it is now: it's a flop. They are going to wind Oculus down or sell it- it's going to happen before 2030.

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kilroy123 2 days ago | parent | prev [-]

I would say the Quest 2 and 3

	▲	postexitus 2 days ago \| parent [-]
		It is a flop - very likely to be cut in the next 5 years.