Earlier quoted context omitted.
We understand Meta sometimes future projects that their devices will have broad office applications, but we're skeptical it has any teeth. Consider that Atari tried to compete with office PCs in the early 80s with their 8-bit family, and failed: https://images.fastcompany.net/image/upload/w_596,c_limit,q_... It's hard to focus on multiple things at once, and we're skeptical that the bureaucratic forces in play at a l…
"We don't think they're competent enough to be a competitor" is a bad way to judge whether you're competing with someone. It's like Apple laughing at the IBM PC.
> A lot of startups worry "what if Google builds something like us?" Actually big companies are not the ones you have to worry about-- not even Google. The people at Google are smart, but no smarter than you; they're not as motivated, because Google is not going to go out of business if this one product fails; and even at Google they have a lot of bureaucracy to slow them down.