How bad CEO, in your opinion, is Mark?
The playbook now is get product-market fit -> own 99% market share -> build, buy, exterminate everything that could threaten this market share -> when the disruption comes, pivot to it.
Zuck inspired the playbook. He's done it to perfection. He's been in the ring for 20 years. Yahoo dominated for about 5-7 years. By no means is he a bad CEO.
Facebook's decline was always a part of his strategy, and whatever the employees say about there being a bazillion active daily users doesn't reflect that their time is near. But Instagram still runs strong and Threads has half a billion active users.
Mark is a mediocre innovator and a weak and ruthless leader. He has had the chance to claim ownership of Harvard Connection before Fb and purchase trendy platforms being a billionaire.
I sense more luck, opportunity, a huge team of advisors, and less skill, talent or chrisma.
Instead he's running a giant meme tank feeding racist shit to win clicks and running fake AI ads boosting scam investments.
He's good at that. But is he actually any good at building things which enrich society without making him money?
Name one human for whom this answer would be true - just one please? (not defending Zuck, he is probably one of the most evil people in the history of the entire civilization)
Meta is profitable and he can afford to lose bets and can pay off the fines if it means that Meta gets an extra $10B for the next quarter.