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by flowtheorist 1598 days ago
It'll soon be worthless. VR is not a moat and it's unlikely Zuckerberg will manage to convince people that putting on a VR headset and hanging out in a virtual space is going to be preferable to hanging out in real life. I'm surprised there wasn't a bigger selloff. At some point the US government will also start tightening data sharing requirements and at that point their ad targeting will be essentially be non-functional.
1 comments

If they have a bigger selloff count me in as a buyer since if they pay a dividend i'll be very quickly getting my money back.
Their next earnings report is going to be even worse and the one after that even worse than that and so on. They're in a death spiral.