> Facebook is past it's sell by date
I've not seen any evidence of this. Do you have supporting data in a decrease in MAUs/DAUs, or this more of an anecdote? I think a lot of us tend to over-extrapolate our personal experiences and beliefs to the population scale, not realizing that we're very much in a bubble of one kind or another.
> being mired in scandals, investigations, large fines, violations, billions in large spending
Users do. not. care. And so many of these scandals end up being overblown when the dust settles. Takes like "you are the product" are very much inside tech opinions that do not translate to the rest of the world. And I do mean world. Meta's apps continue to grow rapidly outside the U.S.
> still alive somehow.
It's not just still alive. It's thriving. Year over year, they grew revenue from $32B to $39B. That's +22%! That is astounding. Most companies 1/10th their size would kill for that kind of growth. And that's not to mention they grew net income by 73%.