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Nah their AR/VR division is the only thing they’ve got to dangle in front of long term investors. I think it’s giving them about 24 months of runway before the

Nah their AR/VR division is the only thing they’ve got to dangle in front of long term investors. I think it’s giving them about 24 months of runway before the sky starts falling for them.

midoridensha 4y ago
I would argue it's probably almost the only thing they're working on that has any real value too. Most of their other products don't, or even have negative value, in terms of their usefulness to society and humanity.
- homonculus1 4y ago
  Metaverse has negative value too, but at least it has novelty...
  - midoridensha 4y ago
    There's useful applications for AR and VR. I don't know that Meta would actually pursue those instead of harmful applications, but at least it's easy to imagine the positive potential for these technologies.
SilverBirch 4y ago
I'm not sure this is true. Their metaverse stuff could easily actually be a drag on their share price right now. There's 2 ways to view Meta: The bull case is that Facebook/Insta absolutely churn out money and that's great, but for future growth their going into the metaverse and they're going to win there and unlock more explosive growth. But there's the bear case: Facebook/Insta absolutely churn out money but they're not growing because the CEO has lost focus on the core business, and share holders aren't going to get to enjoy that money because the CEO who has absolute total control of the company is going to plough all that money into a nebulous new business that's incredibly unlikely to pay off. It could very well be that right now Meta's stock is trading at a discount, because investors are discounting the revenue streams because they don't think it's going to go to share holders. So instead of strangling the golden goose by cutting across the core facebook business, you could massive bring down spend on VR, refocus on your core business and the stock price would shoot through the roof.

Nah their AR/VR division is the only thing they’ve got to dangle in front of long term investors. I think it’s giving them about 24 months of runway before the sky starts falling for them.

midoridensha 4y ago

I would argue it's probably almost the only thing they're working on that has any real value too. Most of their other products don't, or even have negative value, in terms of their usefulness to society and humanity.

homonculus1 4y ago
Metaverse has negative value too, but at least it has novelty...
- midoridensha 4y ago
  There's useful applications for AR and VR. I don't know that Meta would actually pursue those instead of harmful applications, but at least it's easy to imagine the positive potential for these technologies.

SilverBirch 4y ago

I'm not sure this is true. Their metaverse stuff could easily actually be a drag on their share price right now. There's 2 ways to view Meta: The bull case is that Facebook/Insta absolutely churn out money and that's great, but for future growth their going into the metaverse and they're going to win there and unlock more explosive growth. But there's the bear case: Facebook/Insta absolutely churn out money but they're not growing because the CEO has lost focus on the core business, and share holders aren't going to get to enjoy that money because the CEO who has absolute total control of the company is going to plough all that money into a nebulous new business that's incredibly unlikely to pay off. It could very well be that right now Meta's stock is trading at a discount, because investors are discounting the revenue streams because they don't think it's going to go to share holders. So instead of strangling the golden goose by cutting across the core facebook business, you could massive bring down spend on VR, refocus on your core business and the stock price would shoot through the roof.