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To +1 and say the same thing another way: If you don't like their strategy, don't buy their stock. Just wait for the innovations to diffuse Xerox PARC-style, an
by orzig 3y ago
To +1 and say the same thing another way: If you don't like their strategy, don't buy their stock. Just wait for the innovations to diffuse Xerox PARC-style, and reap the benefits. It might take a decade and return 1% of promised, but the benefits will be felt by billions across centuries. That's how real innovation works. Future me thanks the current investors for their contribution to society.
Or maybe the current investors will get rich; that's what keeps them coming back.
- carstenhag 3y agoWell, many people are invested in them because of ETF/index funds. But you are right. They could do awesome stuff generally but they focus so much on a creepy metaverse that really few people want.