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10B, yes, that is accurate. That is what Zuck (Meta) already spent on his vision of the metaverse.
by stephc_int13 4y ago
10B, yes, that is accurate. That is what Zuck (Meta) already spent on his vision of the metaverse.
- nradov 4y agoI think Zuck stated that Meta had made firm commitments to spend at least $10B over several years on building the metaverse, but some of that hasn't actually been spent yet.
- majewsky 4y agoAre you counting the $2B that Facebook paid for Oculus, and the investments into Oculus since then?
- nradov 4y agoMy understanding is that the $10B investment number doesn't include the original Oculus aquisition but does include Oculus product enhancements going forward. The main point though isn't the specific dollar amount, but that Zuck considers this strategically important and will spend as much as it takes to win. Get rich(er) or die trying.