| ▲ | elorant 14 hours ago | |
He's also the guy who bought Instagram for $1bn and turned into a $70bn behemoth. If that's out of touch then I don't know what the opposite would be. | ||
| ▲ | jerojero 14 hours ago | parent | next [-] | |
They bought out Instagram because it was shaping out to be a huge competitor, so I think that business would have grown to be a multibillion dollar one regardless. It was definitely very smart to buy them out when they did. I just think you're focusing on the wrong part. | ||
| ▲ | kranke155 13 hours ago | parent | prev | next [-] | |
He did that because it was a solid data driven decision. Not sure he's shown ability to do anything beyond making solid decisions on which competitors to acquire. | ||
| ▲ | zeroonetwothree 12 hours ago | parent | prev | next [-] | |
Wasn’t this like 14 years ago? So not sure it really contradicts the comment you reply to. | ||
| ▲ | umeshunni 14 hours ago | parent | prev [-] | |
It's entirely possible that he's changed and his pulse of the market has changed in the 10+ years since that decision. | ||