Comment by jiveturkey
Comment by jiveturkey 2 days ago
sometimes you lose
Comment by jiveturkey 2 days ago
sometimes you lose
The market can stay irrational for longer than you can stay solvent.
That was my point, if someone thinks that Meta is overvalued, they can put their money where their mouth is. The fact that the share price hasn’t cratered is a kind of collective belief in the opposite.
And like VR?
And like...LLAMa?
Maybe also like adding ads in WhatsApp cause we gotta squeeze our users so we can spend on... AI gurus?
Meta has not had a win since they named themselves Meta. It's enjoyable to watch them flail around like clueless morons jumping on every fad and wasting their time and money.
It makes me feel better / more comfortable with myself seeing what meta does. Almost being childish.
Maybe this sounds selfish but its a little fun to me to see them lose. I just don't like meta and its privacy in sensitive ad network bullshit.
Like the fact that if someone clicked a photo and deleted it then show them beauty ads because they are insecure. I can't give 2 cents about the growth of such a black mirror -esque company
> I can't give 2 cents about the growth of such a black mirror -esque company
I would donate my two cents or even more to witness their downfall though. I left WhatsApp years ago, and haven't used any of their other services like fb or Instagram. I don't want to contribute to a company that actively helped a couple of genocides (Myanmar), help elect a dictator or two (Philippines) and spread racist propaganda and, most recently, allowing women to be called 'personal objects'.
Their tech is far from impressive, their products are far from impressive, the only impressive thing is that they are still in business.
Like everything but acquisitions since the original product?
When your track record includes a lot of losses, the scale points more and more toward "clueless" and away from "4D chess".