Honestly, where in the hell is that money going? That's like space program funding, not "repackage commodity phone parts into a headset" funding. For reference

Honestly, where in the hell is that money going? That's like space program funding, not "repackage commodity phone parts into a headset" funding. For reference, Nintendo revenues somewhere around $13-14b. Meta is losing almost as much per year as Nintendo has in total assets. Even with acquisitions I can't make the math make any sense here. I refer back to this very bearish blog post from the acquisition of Oculus predicting that Facebook/Meta would be a poor steward of VR. https://assayviaessay.blogspot.com/2014/03/virtual-spaces-real-data.html https://assayviaessay.blogspot.com/2014/03/virtual-spaces-re...