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Just to be clear, "Apollo" here is the Apollo space program that invented and manufactured space flight and moon landing and return, over 13 years, in inflation
by pchristensen 4y ago
Just to be clear, "Apollo" here is the Apollo space program that invented and manufactured space flight and moon landing and return, over 13 years, in inflation-adjusted dollars. Through all the Meta-verse skepticism, I kept thinking that the payoff could be worth it if they capture the next big platform. But this put the scale of the investment in context, and now I doubt that even the wildest success will payoff for $250B of spending. And that's not even counting the opportunity cost of what else FB could do with that money.
- throwthere 4y agoThe $250 billion spend is "projected" over 10 years by the commentator. Would META spend $25 billion/year indefinitely without earning a profit? I don't know but other scenarios seem plausible too.
- nicolashahn 4y agoAs long as Zuck is in charge, yes.
- gordon_freeman 4y agoThis. The problem with Meta is that nobody can confront Zuck and remind him that this is really a bad idea RoI wise. Zuck is unhinged and makes the decisions as he pleases even at the company of this scale.