4 ms·
There are millions who distrust Meta, but public perception changes rapidly and companies this size don't die quickly. Their cash cow with ads allows them to st
by MisterPea 4y ago
There are millions who distrust Meta, but public perception changes rapidly and companies this size don't die quickly. Their cash cow with ads allows them to stay solvent and make big risks
I'm not saying that Meta will definitely have a change in perception but that's what I'm betting on if they truly do have a competent Metaverse.
The best example of this change is Microsoft - it wasn't too long ago that it was the most hated tech company by the tech community and shareholders alike and now it's the ~least hated~ big tech out there.
- _8j50 4y agoI can't remember any time microsoft was distrusted and considered outright hostile or even a threat to democracy and civil society like fb. I am sure meta will remain a profitable company for itself and be around a decade or two more, even Yahoo is still around but my caution is don't hold its stock because it could be devalued significantly in the short term and then stabilize eventually due to its whatsapp and instagram dominance. Gen-z and younger millenials don't like it much. It is also struggling to get competitive talent due to its reputation and has gotten to a point where innovation=aquisition.