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Zuckerberg is cornered. His company has bought too many upstarts who became ginormous; Instagram, WhatsApp. So regulatory-wise, if he ever tries that again he'l
by philistine 4y ago
Zuckerberg is cornered. His company has bought too many upstarts who became ginormous; Instagram, WhatsApp. So regulatory-wise, if he ever tries that again he'll be stopped. The purchase of upstart social graphs was the whole Facebook strategy to stay relevant and display aggressive growth to justify the insane valuation.
Now without that ability, you need to demonstrate you can aggressively grow in newer, exciting markets. What underdeveloped technology markets with social media potential exist outside of this vague idea around VR? Can you name any?
The problem with the metaverse is not that Zuckerberg went in that direction, it's that he executed so poorly and so publicly that he's lost any sort of goodwill from that attempt at a new market. If he wasn't literally un-firable, he'd be have long lost his CEO position.