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"Move fast and repeatedly betray your users' trust" isn't a good strategy, long-term.


I did laugh out loud at Zuckerburg's testimony that their new motto is "Move fast with stable infrastructure".


Their market cap begs to differ I suppose


>> "Move fast and repeatedly betray your users' trust" isn't a good strategy, long-term.

> Their market cap begs to differ I suppose

It seems to do OK in the short to medium term.


I just mean they are one of the largest companies in the world and don't seem to be going anywhere with the rise of Instagram. It more or less seems that they have had no penalty for using this strategy.


Everyone here is aware FB has had a good run. I wouldn't bank on them long-term. This stuff does not bode well...

    > Facebook on Thursday posted the largest one-day loss in
    > market value by any company in U.S. stock market history 
    > after releasing a disastrous quarterly report.


'Facebook' didn't post any loss, its short-term shareholders did.




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