For revenue growth Meta needs to look out somewhere else and Zuck is betting on AR/VR which itself is a bold move and could pay off. FB /IG/WhatsApp have peaked .. just look at the number of users. I think in short term it would have been better for meta to get into HW space with building ecosystem (phone, Watch ) and VR/AR as long term projects. TC: 380 I am still bullish on meta .. are you?
Is this post from 2018?
AR/VR has a long way before it is profitable thats why investors are pulling out in this economy
Even if they grow 5% per year, current stock price is justified.
I personally don’t think Instagram has peaked. Reels are honestly pretty good and has slowly been getting up there towards real competition to tiktok. I think there’s still a lot of potential and market share in that area. Idk just my opinion.
They need to start investing in index funds.
Uncle warren is that you?