Googlers explain why they launch products and then abandon them

https://x.com/petergyang/status/1576985038511448064

https://news.ycombinator.com/item?id=18379394

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Why are people acting like this is a bad thing? When you're a trillion dollar megacorp the best way to stay at the top is to throw shit at the wall until something sticks.

Otherwise your handful of products cap out on potential and the well runs dry until you end up like yahoo.

Also for promotions to management, yeah an engineer launching a new project is more appealing than one who just heads one of a million maintenance teams.

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Yeah but you need to actually throw the shit and not just make a big show of picking it up and dropping it the instant you get promoted to a different shit pickup position.

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You really don't as long as the project is on the other side of the campus and it stays alive just long enough for you to do the same with an even bigger project

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I mean yeah, that's how it works for you, but it's bad for the company in the long run.

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Main issue facing these companies right now is the product bloat though. Facebook’s recent fall is not because they went down in revenue, but because costs are skyrocketing on projects that have 0 returns

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Facebook's recent fall is because they're losing Facebook users for the first time in history and Apple is killing their ads business.

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But that's not true. Their revenue is flat (which is part of the correction) but they are massively down in net income because of costs.

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But that's not true.

Which part?

Facebook Loses Daily Active Users For The First Time

Facebook says Apple iOS privacy change will result in $10 billion revenue hit this year

Wall Street is selling them because their explosive growth isn't happening anymore. Facebook forecasted weak revenue growth and took an immediate hit.

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Their revenue is flat. It cost them this year's gains, but not anywhere near that amount. That's a legal number for a lawsuit.

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