3 ms·

Zuckerberg doubling down like this seems quite crazy. I know he was bullish on VR/AR/MR but he's now gambling the future of his company on it. With the bleak vi

• jerrygenser 4y ago
  Meta just took on debt for the first time ever in the last few months. Meta could cancel all Reality labs work and keep slowly taking on debt while keeping their central properties alive. It would make for a very boring company but would likely result in decent returns for shareholders. This is what Oracle has done -- their company is boring but their shareholders are happy. In order to have any sort of future growth story, Meta pretty much needs to create or somehow capture major economics from a new platform like they did for web2.0 and mobile web. Due to antitrust concerns IMO, they can't just acquire their way into more value by acquiring a company like Pinterest so their remaining options are moonshots like AR/VR to invest heavily for the next platform to become ubiquitous and then extract economics from it.
  • rdtwo 4y ago
    Meta has no shareholders only suckers that own non voting stocks
• mv4 4y ago
  He has no choice. The old model (ad revenue) is declining, and the new model (monetizing AR/VR and the Metaverse) hasn't been proven yet.
• bioemerl 4y ago
  What's the alternative? Slowly face into obsolescence as kids abandon Facebook and Google/apple use their monopolies to totally invalidate your ability to serve ads?