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October 26, 2022 10:40 pm
Original Link: https://www.theverge.com/2022/10/26/23425429/meta-q3-2022-earnings-facebook-metaverse-mark-zuckerberg
Zuckerberg is all in on the metaverse whether you like it or not
Toward the end of Meta’s earnings call on Wednesday discussing the company’s results for Q3 2022, CEO Mark Zuckerberg took a moment to address his metaverse doubters.
“Look, I get that a lot of people might disagree with this investment, but from what I can tell, I think this is going to be a very important thing,” he said. “People will look back a decade from now and talk about the importance of the work being done here.”
The problem is that a decade is a long time from now. And as Zuckerberg experienced on today’s earnings call, he is losing faithful supporters quickly. “I think kind of summing up how investors are feeling right now is...
Original Link: https://www.theverge.com/2022/10/26/23425429/meta-q3-2022-earnings-facebook-metaverse-mark-zuckerberg
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