1,826 karma · joined March 4, 2011
If you were in China, you couldn't even write an article criticizing Tiktok like here the author here is writing an article criticizing SV. Have some perspective.
And Amazon customer support is awesome. Your bullet 2 is false.
Keep in mind, some 4k employees work in this jungle. Don't know what they do apart from just tweeting #lovewhereyouwork
YT API requires keys and they know exactly what is going on here and can shut it down in a heartbeat if they want to. This is exactly what happened to apps built on top of Twitter APIs back in the day.
Sometimes I am thankful like services like Twitter and Facebook exists since these types of biases are for everyone to see and make independent calls on. Before, it would have been like whatever NYTimes said would be taken as the truth as there would have been no platform available to present your pov.
If FB loses 100M users in US, they are actually going to lose their shit vs. them losing 100M users in APAC. Get real. The fact of the matter is no user in US (where almost all the uproar is) is leaving
ALso, most people knew about FB having majority of its spend from large advertisers. The stock fell because Wall St felt that the boycott will go deeper (or will impact usage numbers) but it just fizzled out with some big brands. And that doesn't matter. So it is back up again.
Only thing which matters in the end is whether users continue engaging with Facebook. Money will flow thereafter. If users don't engage, even if the money is coming in for the time being, it will raise red flags across the board. This is why Twitter is such a shoddy stock to own - since their user numbers have been stagnant since 2013 regardless of how strong their ad business is.
This is social media 101.
THe only real change will come from users. If Facebook users start boycotting (and to be clear no users are doing this), that is what will hurt them. So while you and I continue to be outraged, a lot of users don't care enough and just goto Facebook to see what their friends are doing and clicking on that ad. And the wheel keeps on turning around.
Employee activism won't matter much for Facebook. Unlike Google, Zuckerberg holds all the keys and he is firm/unwavering to his principles. Also, the core set of employees stick with him. Check out how Chris Cox just rejoined Facebook.
Anecdotes are just that - one off instances. What matters is the trend. And a lot of users buy from Facebook Ads and are happy with it. That is why Facebook revenue keeps growing at 25% yoy on a massive base of $70B.