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What the commenter is saying is that this is no risk at all because $14B is negligible money for Meta at a year-long scale. It can always be written off as an i
by coliveira 1y ago
What the commenter is saying is that this is no risk at all because $14B is negligible money for Meta at a year-long scale. It can always be written off as an investment that didn't work. In a company with $1.73T market cap, this is sometimes the loss you get in a single day of trading.
- laborcontract 1y agoYes, $14B can be considered negligible, but it's a signal. My bet is that it's not a great one. Wang has been great at courting clients, time will tell us about how that translate to leadership.