Facebook lost daily users for the first time ever. Should Zuckerberg care?
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Mark Zuckerberg lost $25 billion in one day last week. To put it in perspective, it’s like losing $1,000 every day for 69,000 years! On Feb 4th In 2004, Zuckerberg launched Facebook from his Harvard dormitory room, a social media website he had built in order to connect Harvard students with one another. By the next day, over a thousand people had registered, and that was only the beginning.
Now, will Facebook disappear tomorrow? Not at all, Half a million users lost would shutter many smaller services. For a behemoth like Facebook, it was like shedding a few flakes of skin: from 1.93 billion daily users down to 1.929 billion. At that rate of decline, it would take more than 900 years for Facebook to be used by no one.
All I’m saying is…look at where My Space is.
Facebook Loses Users For the First Time, And Mark Zuckerberg Is Blaming TikTok. https://t.co/HDkfe32tCT
— TMZ (@TMZ) February 3, 2022
Facebook lost 10 billion in revenue, Mark Zuckerberg lost 29 billion in net worth. Mark Zuckerberg lost more money in the past 24 hours than most companies have ever been worth as Facebook saw its growth stop expanding for the first time ever.
A famous marketing line from Mad Men is “If you don’t like what people are saying about you. Change the conversation”. I’ve always said that I think that’s exactly what “Meta” was for a few months back.
Now “Meta” is threatening to pull the plug on Facebook, Instagram & What’s App all across Europe because of Data exchange policies that won’t work with Meta. Mark is basically doubling down saying let us internet our way or else you get nothing.
Could you imagine? No Facebook Instagram?
Well, it turns out people have already put Facebook in the Rearview Mirror! I talked to Sean from Prince Albert and his staff mostly under the age of 22 doesn’t even have an account at all.
Mark Zuckerberg and team consider shutting down Facebook and Instagram in Europe if Meta can not process Europeans’ data on US servershttps://t.co/3W7mvhqq5a
2022 is really starting to look up!
— ar.al (@aral) February 6, 2022
