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At the very least, Facebook is/will be throwing a lot of money at the development of the metaverse, and people naturally want to be on the other side of those t
by HappySweeney 5y ago
At the very least, Facebook is/will be throwing a lot of money at the development of the metaverse, and people naturally want to be on the other side of those transactions. Also, many believe Zuck is some super genius and whatever he devotes the majority of his time to will be worth several billion dollars in short order.
- GekkePrutser 5y agoIt's kinda true though... Oculus became a billions of dollars company almost overnight after Facebook acquired it. I don't like FBs business model regarding privacy but they sure have put VR on the map. It's entirely possible it would have fizzled out without their involvement. And this is really how the stock market works these days. It's more about belief and dreams than real-world financial results. If many people believe it's going to be big, it will be worth billions.