The real reason Meta stock is sinking - ppl love to hate Meta

Feb 8 29 Comments

Meta isn't getting much $$ from ads with Tiktok and now, SNAP eating into their ad revenue. And of course, Apple being the morally ambiguous company that they always are, have crippled fb on ios.

However, I'm still baffled regarding how a lot of ppl are overlooking the promise of the Metaverse.
If done correctly, it can basically be a great simulation for video games, sports, dating, virtual vacations, academic presentations, meetings, academic and technical conferences, along with a lot of scope for building the corresponding hardware to simulate a 4D experience. Not to mention that the ad revenue you can get from running ads in the Metaverse would have lower competition from other ad platforms, paving the way for a different kind of ad targeting and audience expansion.

Creating an ecosystem which holds the members accountable for their actions may even lead to jobs in the law sector. The Metaverse is highly promising given that there is bound to be support from Msft and Nvidia - and soon - some competition from Apple as well.

I feel the main reason why the stock is not recovering is because everyone loves to hate Meta and everything it has done until now. Given the size and resources of a company like Meta, its pretty evident that they have what it takes to create the Metaverse. Its just a question of when, and if they can show profits in the upcoming earnings calls. (Atleast this is my opinion)

What say? Comment if you have a fresh perspective

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