[bachmeier]

How many of the people posting here that criticize this move are owners of Meta stock? The number is certainly above 50%, at least for those in the US, since most people with a retirement plan will own Meta in some form. It's the need to satisfy shareholders with new earnings.

[mikestew]

So you’re blaming me because Fidelity bought some Meta for my 401K without me directly knowing?

[bachmeier]

Well, I'm saying we should be hesitant to immediately throw out blame for pursuing profit, because it's not just more money for Zuckerberg and other billionaires. If retirement funds were growing at 2%, the same people criticizing this decision would be looking for alternative investment vehicles.

[Coffeewine]

What choice do we have? Indeed, I would rather prefer that the companies that comprise the broad market embrace some form of ESG ethos, but that's clearly out of vogue these days. I vote to that extent, but I'm a breathtakingly small portion of the vote when it comes to corporate governance.

[account42]

How would being actively discriminatory against a large part of the population help anything?

[owebmaster]

That is not my case. If Meta had minted thousands of millionaires in my country I would have way less problems with them