Open Letter to Meta: Facebook’s Missed Opportunities

  1. Facebook is playing small
  2. VR is a long shot; crypto is impossible to own
  3. Why Facebook should act NOW
  4. Unsolicited Strategy Offering

Facebook is playing small

VR is a long shot; crypto is impossible to own

  1. VR (via Oculus acquisition)
  2. crypto (led by David Marcus, under multiple names Libra, Diem, etc.)

Why Facebook should act NOW

  • Facebook and Instagram are threatened by younger competitors like Snap and Tiktok, which Facebook can’t snap up as easily as it used to due to monopolistic concerns. This reminds us of the headaches Microsoft experienced in the early 2000s,
  • Whatsapp still can’t manage to turn into a money-making machine, and it is threatened in the most valuable markets of the world directly by Apple’s own iMessage
  • Social networking is a mess to manage,
  • Apple’s latest privacy policies target Facebook directly and threaten ad revenues across the board to decline further,
  1. Apple’s FaceID and TouchID make authentication more frictionless and secure than ever, to a point where Facebook Connect has become obsolete. With the obsolete Facebook Connect, the social graph has also become a thing of the past, and the most valuable social graph in the world is now the one sitting in our phones’ iCloud-synced contact lists.
  2. While they’re still in their infancy, decentralized IDs (aka DIDs) and crypto wallets indicate the potential to dislocate Facebook’s core assets.

Unsolicited Strategy Offering

Conclusion

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🌎 Globetrotter 👨🏻‍💻 Volupta LLC 👨🏻‍💻 RISG Corp 📈 0 to 1 Ventures (Wordpress, H2O.ai, BTC) ⚽️ Galatasaray SK Congressmember

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Emre Barack Sokullu

Emre Barack Sokullu

🌎 Globetrotter 👨🏻‍💻 Volupta LLC 👨🏻‍💻 RISG Corp 📈 0 to 1 Ventures (Wordpress, H2O.ai, BTC) ⚽️ Galatasaray SK Congressmember

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