Orogogus wrote on Mar 26, 2014, 05:21:
Ya. I mean, Google's first product was a search engine; it's kind of hard to say smartphones, wireless payments and fiber optic networks are logical extensions of that.
Yeah. People aren't really thinking it through
"Google, you're a search engine, none of this other shit you're buying is going to help you!"
If Google had just sat there, content on being a search engine, they wouldn't have accomplished shit.
Facebook as a social media website isn't going to last forever. They are going to be gobbling up tech left and right so they have contingency plan after contingency plan and a diverse portfolio of patents, intellectual properties, and tech platforms.
It absolutely sucks ass for those of us who want Oculus to stay an open and less entangled platform, but acting like every acquisition Facebook makes has to be a direct improvement to their social website is fucking stupid. Utterly stupid. They NEED to be buying diverse, even completely unrelated technologies and intellectual properties with all that cash, or they'll never survive in the long term. They'll just be the next Myspace, a withered husk.
Not every acquisition will work out, but they don't have to.
Judging the health of the economy based on your 401k is like judging the quality of your furniture based on your coffin.