Meta is still a 600B company and large credit goes to Zukerberg. His insight into jumping to mobile at the very beginning, making critical acquisitions, relentlessly going to new geographies, investment in AI all played off. Every major company made mistake including Google ( Google Plus ), Microsoft ( Windows phone ) and apple ( entire 90s ). A company making mistake just means they are still taking risks and not sa…
Meta isn't investing billions into VR alone. They're also investing billions into AR, metaverse, etc. Read their filings & earnings report; it's all in there. The funny part is, if they actually invested more on investing in VR, they might actually get to AR faster.
A morale crisis after multiple Meta layoffs
191–193 of 193 posts
Re: A morale crisis after multiple Meta layoffs
#192Meta is still a 600B company and large credit goes to Zukerberg. His insight into jumping to mobile at the very beginning, making critical acquisitions, relentlessly going to new geographies, investment in AI all played off. Every major company made mistake including Google ( Google Plus ), Microsoft ( Windows phone ) and apple ( entire 90s ). A company making mistake just means they are still taking risks and not sa…
Sheryl Sandburg deserve a huge amount of credit for making Facebook a sustainable business, something Zuck floundered at previously.
A person who could brilliantly take advantage of a an opportunity once might have no generalizable talent to create another opportunity out of thin air.
Re: A morale crisis after multiple Meta layoffs
#193Earlier quoted context omitted.
Damn, hits home. I would've been one of your friends or family I think. I was immediately excited about VR back in the mid 2010s. And over the past years I've done a bit of reading and have had various fun discussions with friends about the use-cases of VR today, and in 5 or 15 years from now, that all made sense to me. I really held off as long as I could for both the tech and the content base to develop, to jump in…
You actually fit the bill - almost exactly - to a friend of mine who returned his Quest 2 just a few weeks ago. He was so excited for it to arrive that he took the day off of work just to be sure he was there to receive the package. He spend a total of about 2 hours in it before deciding it was not for him. Frankly, I respect his decision because that's better than leaving it on the shelf for months and months like m…