Facebook is one of the few large companies that's in control of someone who is able to take large risks and does that by way of R&D. I find this admirable (do n

Facebook is one of the few large companies that's in control of someone who is able to take large risks and does that by way of R&D. I find this admirable (do not conflate this with "I find mark zuckerberg admirable"). Just look at what Microsoft did with Hololens. They bought it, chafed at the thought of a couple billion dollars of additional capex to make it a viable product and dumped the entire project 20 meters from the finish line. If you're going to do something, do it with conviction. Whose money is this? The company's money and investors' money. Let them lose it. Should I be cheering for them to instead to spend that money on streaming rights? Buybacks? C'mon now.