Zuck runs a tech company that He founded and he is doing exactly the way founders think. Of course Google stock with pop if they get out of many bets too but that’s not how it works
Meta, do u actually see a potential billion-dollar consumer appeal in visual VR? It seems like a niche gaming experience that gets boring fast
Oculus is a great product IMO, but the spend on the Metaverse stuff is truly wild. Zuck clearly believes his own BS here.
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Very interesting take. I was always wondering why FB chose to go the VR investment route instead of other proven industries like cloud
If GCP can't turn a profit in 2022, why do you think Meta would find success in cloud services? Personally, I think Meta should make phones and subsidize them as much as it takes for people to buy them over iPhone and existing Android phones made by Samsung and Google.
Pretty sure FB already tried to make a phone. And a Portal