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by ladyattis
1332 days ago
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I think Facebook by itself could survive well but the problem is one of perception that the platform Facebook is tied to the whole VR/metaverse nonsense which is probably scaring some investors as one reliable product being forced to carry the weight of an unreliable/unproven one is a recipe for trouble. It probably won't sink either Facebook or its company but it will make both of them less well off. Zuckerberg should've taken the hint when he first acquired Occulus and kept them at arm's length at minimum as to allow for the company to grow its portfolio rather than being just stuck with Facebook, Instagram, or Occulus VR as their shoe-in to long term profitability alone. Zuckerberg should've taken the Alphabet approach which would've allowed him more freedom to toy with the whole metaverse thing without having to perform for shareholders on that front. |
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