4 ms·
Facebook is a mature company. That represents 2 problems: * Zuck doesn't want to run a mature company, it's boring trying to squeeze 0.001% efficiency out of
by LatteLazy 4y ago
Facebook is a mature company. That represents 2 problems:
* Zuck doesn't want to run a mature company, it's boring trying to squeeze 0.001% efficiency out of mature business models.
* It's price/earnings ratio assumes there is a shit tonne more growth coming.
Right now, the Metaverse is just the best (or least bad depending on your opinion) opportunity to NOT just accept Facebook is now in it's middle age. Maybe that will work. Maybe it won't. But that's what is happening here IMHO.