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I have a hunch -- and it's no more than a hunch -- that this has nothing to do with anything except the Metaverse. I think Facebook believes children won't grow
by madrox 5y ago
I have a hunch -- and it's no more than a hunch -- that this has nothing to do with anything except the Metaverse. I think Facebook believes children won't grow up socializing on Instagrams and Tiktoks...they'll socialize in something that looks more like a virtual world, whether it's Fortnite or Minecraft or whatever the equivalent is in 5-10 years.
Through that lens, it's perfectly appropriate to shift your investments.