Meta's handling of the Oculus strikes me as one of the shortest "long term plays" I have every seen. Meta cares a lot about profit and they've turn a maybe-soon

Meta's handling of the Oculus strikes me as one of the shortest "long term plays" I have every seen. Meta cares a lot about profit and they've turn a maybe-soon-to-be-profitable division into one that's dug a hole billions of dollars deep. Now the board is unhappy with these losses, teams have been downsized and they are back where they started minus billions and billions of dollars.