Just imagine how Facebook can invest 36b on metaverse. It is not hard for company to invest for future returns, that's how it works. ByteDance is not lack of mo

Just imagine how Facebook can invest 36b on metaverse. It is not hard for company to invest for future returns, that's how it works. ByteDance is not lack of money, it has investors pushing its doors to hand over money to them, and they are very profit organization already. Spending $1b on ad is not exactly what they did, they invest $1b for contents (influencers), not pure ad. https://www.cnbc.com/2020/05/27/tiktok-bytedance-profit.html https://www.cnbc.com/2020/05/27/tiktok-bytedance-profit.html https://startuptalky.com/bytedance-success-story/ https://startuptalky.com/bytedance-success-story/ https://www.bloomberg.com/news/articles/2018-10-26/bytedance-is-said-to-secure-funding-at-record-75-billion-value https://www.bloomberg.com/news/articles/2018-10-26/bytedance...