Who wrote this article about Meta’s decline?

Enrique Dans
Enrique Dans
Published in
3 min readDec 4, 2022

--

IMAGE: The Meta logo on the exterior of the company headquarters

Meta’s steady decline is increasingly a focus of attention in technology and business sectors. For years, the company was one of the most promising startups on the tech scene, thanks to its revolutionary augmented reality technology that allowed it to compete with giants such as Apple and Google. However, in recent times, the company’s performance has declined, losing the confidence of investors and users.

What has led to Meta’s decline? Several factors have contributed. First, the company has had trouble maintaining its technological edge over the competition. As other companies have developed their own augmented reality technologies, Meta has seen its market position threatened. In addition, the company has faced difficulties monetizing its technology, which has led to a decline in revenue.

Another factor that has contributed to Meta’s downfall is the lack of any long-term vision on the part of its management team. Instead of innovating and looking for new ways to use its technology, the company has instead chosen to follow a conventional path, which has led to it fall behind in an increasingly competitive market. In addition, the company has had trouble retaining its most valuable talent, which has further weakened its ability to innovate.

--

--

Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)