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Question: With the constant hard push from big tech about the “meta verse” what are everyone’s thoughts about VR/AR companies? Are there any surefire companies worth looking into or will it be another craze that doesn’t go anywhere? I’m really only aware of FB are there others to look at/out for?
Another consistent month! Locked in 63% gains. Played both sides with my biggest winner being FB puts. Respect levels and used ripster ema clouds for confirmation of scale in and scale outs. I attached an important lesson I have learned from his teachings.
You haven't used snap cause the demographic was never designed for current adults. The teens that are using it will continue to use it into adulthood. FB started with young people that grew up, current FB demo is older gen that continued to use it. Same with insta although insta is way more diverse in age demographics.
I originally had hope in crypto being some form.of non governmental exchange, but ultimately have to realize unless you have some powerful authority backing up your money ,all other forms of non governmental currencies are prone to fail. Just to give you an idea of how threatened governments are from a real serious crypto currency threat ..unsettling their fiat currency applecart. Remember Libra FB crypto attempt a few years back..well they squashed it pretty quickly because they realized that if over 1bln folks started to trade in it , over time it might have gained enough explosure to be a challenge.. The only way I see any digital currency gaining any foothold is when people start using it form day to day transactions, not just speculative purposes.
Honestly, Netflix may not be able to target people that well either just yet for ads. I don’t believe they capture any demographic information with your account which is what you want so they’d either be using 3rd party data (location or FB to triangulate) or it’s least common denominator targeting. With Nielsen having since SVOD data for their panel…that may be the tipping point? Who knows, it’ll be an interesting thing to see unfold.
I feel like Netflix's rise and drop makes perfect sense? It was an unsustainable business model, given the number of the big mega corporations coming into their space. I think Meta's drop is the most impressive. WhatsApp has about 2B active users, FB has 3B, Instagram has 1B... the demographics are spread out between the entire planet, all age groups, despite the anti-FB sentiment. Their only weak spot on social is the TikTok space, which has been rivaled decently well by Reels. Of course the Metaverse positioning seems preposterous to me as well, but they have so much capital and resources, and there are arguments for the long-term big money to be made in that sector... I just don't understand how the Oculus/VR aspect becomes our next iPhone/essential hardware platform. If it gets to the point where they are light sun glasses with fine battery life and no adverse effects on the eyes/neuro-related, so that people can use them anywhere for long periods of time, then sure, I can see VR/Metaverse being an essential tool. However, Meta would also have to keep it a very open platform while policing it in a likable fair manner; it seems like it'd be infinitely more complicated than FB and Twitter if user base became so large. In the meantime, I get why everyone thinks he's taking on a goliath challenge and perhaps putting Meta at risk of becoming the next suicide giant (AOL, Yahoo, etc.).
Show me the data. Why are MAUs and DAUs growing. (US/CA is flat for the last 5 years.) Also IG and WA are still there and growing. Noone expects FB to grow anymore. Even with the huge stepback in tracking. There is just no other palce to track than on Facebook. The sales funnel is found on FB not Google. CPMs are back to pre-covid levels.
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FB is a dying platform. Look at what age groups actually uses it. Meta is getting absolutely crushed by privacy solutions and concerns from Apple, EU, etc. I work in a agency where we have see a rapid decline in companies willing to spend their budget on FB ads. Lack of data is a huge pain in the ass and makes the advertersing on FB so much harder. The AI also sucks since is gets less and less 3parts data. Companies cant profit like they used to on FB, but more important they cant meassure their ROAS(think ROI, ROAS=return on ad spend) probably because you simple cant see what happens when 90% of all Apple users opt out of tracking (yes its around 90%)
I thought the same thing when FB bought instagram I loved IG back then, before the buyout and even a bit after but then went to shit but also went to do something amazing. Before fb bought IG, ig was more a place to show your life in photos, and also more “photography” centered. More “photographers” used it, and when people used it they kinda acted like a “photographer” now it’s all ads, all promotions, all culture. It’s really impressive what they did to IG even if they killed the app I liked back in the day. I say all this bs cause fb has very smart people and for all intents and purposes unlimited resources. I don’t think we should write them off so so fast. 1) all the used inconveniences you mentioned can and will be ironed out if they continue 2) I see fb using the metabersa kinda like instagram. I see the meta verse something you “check into” that is if you are not checking into it you are missing out. Kinda how you may feel with your FB or IG accounts now, or have before. The I gotta ask what are you checking in for or to do? Old model would say attention and info to tailor ads. I think a lot of this will still be going on. As well as spaces and events to visit. Maybe NFT awards and tickets ect will be developed,. Integrated marketplaces for all things meta. ( think skin sales $$$$) a lot of stuff I think will still have to do w ads.
No impact on me??? Wow, so short sighted. Ever since FB became popular, it's been a virus upon society. Destroying relationships and lives all over the place. Yes, it does have impact on me, and you, and everyone else because it's a big part of our society. DUH?!?! jesus, people are dense.
Bro, Metaverse will be huge but not as envisioned by Zuck. This guy has never worked outside his circle of yes-men at FB and is soon a 40 years old dad. I refuse to believe that the innovation that will open the metaverse for all will come from the guys who make money from softporn "influencers" in Instagram and grandparents living in cheesy quotes and lame pictures on FB.
Blaming social media for all of society's problems is more or less just an extension of what we've done with every new technology that's seen rapid, mass adoption. When I was a kid it was TV and video games, but you rarely hear people worrying about those today. I'm sure social media isn't good for some people, but from what I've read it's mostly a US thing. People in India aren't developing metal health disorders from using FB for example. The political polarisation doesn't really exist so much outside of the US either. It seems there are probably a lot of other factors that explain why Americans are specifically so politically polarised and have so many mental health issues. Social media is just the easiest thing to blame.
They got a lot to waste. Like I said. Meta atleast has a plausible buisness mpdel and they can flex spend as needed. You see what the P/E is? How much cash they print and print and print. And add spen on FB still growing nicely. But WTF do I know.
Facebook and Instagram's real userbase is a lot lower than they claim. To give off the impression they're still growing, they opened the gates to bot registration, but I suspect their user base in the US has been declining for a while now. While Facebook advertisers have some the highest conversion rates , they also have the worst experience. For example FB constantly bans ad accounts, only to unban them an hour before the day is over. A $5,000 budget that was suppose to spend in 24 hours, ends up being spent in that hour. This ends up artificially driving up CPMs for everyone. You can only grow revenues using tactics like this for so long.... Shit now a days advertisers cant even see which gender or age group a conversion came from... just another sign their user base is dwindling big time. Just my two cents
Zuckerberg is a fucking idiot that stole an idea and is willing to risk USA national security and the personal security of every user as long as he gets paid. That being said, he is trying to cash in on the name “metaverse” as it’s very popular and no one really knows what it’s going to be. No one will be wearing those stupid googles to “do business” 🙄. I saw Cramer do it on cnbc and he was raving about it but also complaining. If you are truly interested in learning about the future of business and commerce on the internet you should be looking at Web 3.0 and it’s connections to blockchain tech. It’s still early and will go through periods of ironing out the wrinkles. Forget about Meta/FB. Cramer is pushing it too hard. To me that means he wants to pump the price a bit so he can get out of his positions. I truly see 0 future paths for Meta/FB. They’ll be around but will ultimately die out like MySpace. The online social experience is changing.
1. As you said the form factor is not comfortable. They need to move to glass form factor if they want large adoption. Keep the price at the same level as the quest 2 (or lower) 2. They need to create amazing VR games that can hook in the gamers and generate revenue, and create an active social network. 3. The graphic need to get better. What I've seen of the Metaverse on yt, the graphic level is not enough. With these three items in place Meta can start moving FB and Instagram into Metaverse to bring in more people and go from there.
The metaverse isn't a place, it's a state. We'll never know when we're fully in the metaverse because it's less a declarative point, and more of a transition to how we interact with fellow humans through technology. Reddit threads are a part of the metaverse, just as much as virtual zoom meetings. FB changing it's name into Meta, implying metaverse makes one think that there will be this day when they'll unravel this metaverse product like the iPhone. Maybe they will, but it won't *be* the Metaverse. I think it's more about slowly learning about how communicating with humans can *feel* more human. It'll be slow transition, but advancements in technology will slowly enable humans to have more value with interacting with each other digitally. I think the metaverse will fully be the metaverse when a majority of people prefer interacting online as opposed to IRL because it'll allow a humans to express themselves in a greater capacity than IRL. I'm sure increasing global climate events, advancements with quantum computing, self learning AI, crypto zero-knowledge proofs of human validation, developing/refining a new language(s) for human-human VR/AR interaction, and wireless brain to computer interfaces will all add to this incentivization of digital interaction. What mark is doing is investing in R&D to figure out optimal ways to create new languages humans can express themselves through VR/AR that enhance what would be a normal IRL interaction. In the short term, I'll probably loose a lot of money figuring shit out, and in the long term, it's going to be everyone's lives (despite if that's on Meta's platform or not).
I'm in your age group and have had the same experience, was told by younger generations that FB is only for "old people" age 30 and up these days, lol! Instagram, Twitter, YouTube, and TikTok are the current dominant social media platforms, I think. It's wild because I remember when YouTube and Twitter came out around the same time as FB, and they're still big while FB has been dying a slow death.
Facebook has always stolen concepts or bought them. Tiktok isn’t selling. They can’t innovate so he’s running with “meta” and they have no plan. They have no product. Facebook is a dying company. It will be the first really FANG to fade in the next 10 years. Not die as FB and IG will continue to have huge market share, but their growth days are over unless they can expand. He’s betting metaverse is it. Even though there is endless competition and he doesn’t even have a real contender. I’d argue most video game companies have a better early metaverse than the rudimentary VR shit meta has done.
The whole thing about social media is sharing you with other people. making your body, life, experience seem to be what you actually want it to be and showing that to everyone. Lots of people actually become consumers of their own content. VR does not add anything to the narcotic like elemets of social media. In fact, its detracting a lot from them. Its a video game. Its not people dressing up reality to trick people in to thinking its real. Its objectively fake. Its not blurring the line between fantasy and reality. Its just fantasy. People are going to have to totally give up their value systems for this to work. Its going to have to be seen as "cool" to literally live inside video games. Thats never going to happen when people can still leave their houses to do things. People going hiking and backpacking will still be the drivers on social media. Lets not forget that Meta is not a social media company. They are an advertising company. Social media is just a platform for their advertising. Thats why FB had to buy instagram. So how does VR lead to more advertising and sales revenue? Are you advertising the same reality shit they are now? It seems like living in a virtual world is in conflict with advertising real goods. So that leads to virtual goods, which brings NFTs into the discussion. This would mean people are spending their real money they presumably earn from jobs on NFT virtual products that they can only interact with in the metaverse. So now were in a situation where people have stopped valuing real goods in favor of virtual ones. And for the verse to be successful, this would have to be on a level akin to real goods. Real vs virtual goods are competitors, not complimentary goods. So best case, Meta is going to be opening up a marketplace that competes with its current business model...... Yeah. Nothing about this shit show makes any sense. VR is different. Its does have some immersive applications, like flight sims, but its not a place people want to live in. More importantly, VR isnt a place that will increase advertising or sales revenue. Maybe in 100 years when humanity has given up on itself. But not now.
As a dev, AR and VR can be a tough sector to code. Simply because there’s isn’t a single universe library that will allow companies to share it around. It’s like a wild-west where you’re trying to find the outlaw coder that discovered a features that he manages to build. There’s going to be different languages that has different capabilities and you can’t really link all of them as one holy trinity. That’s why it’s a tough sector to get into. Most people say we have reached the peak of tech innovation in the mobile phones. I can’t agree more for mainstream “innovation” of hardwares but they don’t know is these big companies are heavily invested in the virtual reality space. FB might be too focus on VR, which to me is a bit costly compared to AR. The VR sector has been a dog fight between Microsoft and FB. Whereas the AR side is between AAPL and GOOGLE, which is cost effective and useful practical examples. The question is whether FB can nail the VR & Meta combined? I honestly don’t know. You see, Mark is creating a centralised meta where he can control and monetise the whole sector. Does that appeal to the current meta verse that already existed ? Looking at a few comments and other communities and even Venture capitalists, they are not happy with it simply because It is centralised and you may not know what Mark is going to do. I might see it as a safe and controllable where new people will not get hurt from scammers. Sure, people will argue that blockchain helps to keep track on the scammers (that’s like me managed to find who’s the culprits location but I can’t find a private police because it’s not worth paying $5k just to retrieve money that is worth $500. Am I betting on Marks future ? I think I will past on this one because I have better stocks that matches better numbers and the price valuation.
>Zuck isn't going to make training software for pilots, engineers, or doctors. FB was never going to make money from creating these apps, it's clear that they are geared toward creating the ecosystem that other developers will make apps for.
Their oil is useless when people are driving electric cars and using renewable energy. Lol. I don't use Facebook or anything related to FB anymore. They can't use my data to show relevant ads to me when I don't use their products. FB is dying and will be gone in the near future.
There’s also an argument to be that execution that FB makes is not truly innovation and is actually mimicry, optimization and monetization. Besides the initial creation of the FB app, most new features have been copied from other platforms, or were disliked by consumers. This strategy works when you’re the large incumbent. But this aspect of their business philosophy will make them struggle now that they’re trying to break ground on something completely new. It’s just not in their corporate culture to drive innovation, it’s always been about mimicking rivals, and driving ad growth. All the messaging about being able to buy digital goods has no appeal to me whatsoever, and I struggle to see how they win user with just that argument
Yeah I mean I started the account back up again with 3500 and grinded up to 25k with TSLA AMZN & FB calls prior to this disaster. Really just convinced my self I didn’t need more time and we’d cross into the mid 30’s within 2 weeks.
> Why is the metaverse something work investing billions of dollars in? Its not Zuck is in an echo chamber of success. He has forgotten that he stole FB from his friends and just bought up other people's ideas. Zuck may be good at deployment and marketing, but hes not an idea guy. This happens ALL THE FUCKING TIME to successful people. They think they can just show up, throw money and things, and have them be successful. We had VR headsets in the 90s and they failed. They have failed in every decade after that. No one wants that shit. I think VR keeps coming up because its the obvious mathematical progression from current media. 2D + 1 = 3D, but people dont realize that this adds nothing to 99% of media experiences. Lets look at the progression of media calling words "frist gen" media. Pictures would be 2nd generation. We can all agree that pictures add a level of detail and complexity to content not possible with words. Third generation is video, which adds another level of detail, new ways to tell stories, and enrichment. What about 3D video? Does that add anything? Not really. its a gimmick. 3D was invented in the 70s or something and failed. 3Ds TVs failed when they tried to reimplement it. No one wants to wear shit on their faces. Now there is consumer VR. Again. Does it add anything to the experience? Yeah in some game. Flight sims are super dope in VR. But in 99% of cases, video, pictures, and words make up the entirety of the experience. VR remains a gimmick. The metaverse is just another obvious VR progression. FB was social media pictures, instragram is social media pictures, Metaverse is social media VR. It doesnt add anything to the experience. Its going to fail just like every other VR application. Zuck's folly.
I'm old enough to remember when FB was only open to us college kids! How time flies...haha. I agree. My nieces and nephews don't go on FB and would rather go on tiktok or youtube. My friends now are mostly on Instagram. The only people still on FB are my casual high school friends, and my older aunts and uncles who I try to avoid. FB used to be 'cool,' now people look at me crazy for still going on there once in the blue moon. Like when did I become so 'uncool.' LOL O\_o
IMO the Metaverse (or whatever it ends up being called) will just become the natural evolutiion of what we think about being "online", and will increasingly be part of our everyday experience. It happens gradually, but think about what being online was like in the 90s. Had to dial up, connect through a few portals and go to a few islands of content. Now we're connected all the time, have access to so much, stream music/video/live events, gaming. Live group calls no problem. And so on. It's just more and more and better and better and it happens so gradually that you have to step back and look from a different perspective to fully realize just how much things have changed in a single human generation. I think the Metaverse will continue that trend. We'll get AR/VR and eventually it will seem totally normal and integrated into our business lives and personal lives. I don't know what specifically Meta is trying to do, but at the very least they seem to want a lot of control of the hardware and the apps to create the experiences. They may (I do not know) also be essentially trying to build the main architecture, and basically be the Windows/Android/iOS of the Metaverse and literally make trillions from it. I think the Metaverse will be huge. I do not think Meta will end up being a major player in it because they do not seem to innovate very well. Even just listening to Zuckerberg talking yesterday it was metrics metrics metrics and AI figuring out what content to serve peopel to drive those metrics, and no central focus on a simple thing: what will make people's lives better and make them want to come back? Instead he just wants to resort to whatever tricks he can to loop people in, and little thought about how that ends up driving people away eventually (like we are seeing now with FB).
This is absolutely the right path for a company that needs to own an entire "world" and the ability to monopolize monetization of it, but as other says, he'll be very early and user adoption is going to be very key. It can be argued that FB (and Google) already own the digital world, but the one thing they don't own is a playground with unlimited upsells, cross-sells and gamification. Funny enough, though, Apple does with their ecosystem. It may not be AR/VR or have any element of the blockchain, but it's even more genius - company's pay them 30% and create the damn addictive products themselves! Back to the topic. Great concepts don't always get traction and that's unfortunate. And much you said with AI vehicles, it's not something that's instantly achievable, though conceptually, 100% what needs to happen.
my opinion on this, with no research beyond what i remember from current events news at the time, is that everything "meta" related is merely a forced rebranding of FB in an attempt to avoid bad press. If you recall, right before they became meta, FB was getting raked over the coals in the press for data security, enabling all kinds of bad shit, being bad for mental health, ignoring internal content guidelines, letting big names get free passes on content, etc. There was talk about anti trust investigations. Suddenly that all vanished, right after they rebranded and got people to talk about something else. Flushing a couple billion a year down the drain on an eternal development project that is actually just advertising is a really good ROI that helped them side step much bigger problems. I expect anything they make out of this to be about as fun as a mandatory HR training video.
I don't think he'll be seen as a visionary — VR has been on the pop culture radar since the 90s with fits and starts every ~10 years. Also, I don't see what Meta is building that creates any kind of moat outside of their reliance on Insta and FB install base to feed into whatever their Metaverse platform becomes. Gaming companies are already doing all of this, and much better than Meta's developers. MMOs are their own type of metaverse and there are now dozens of them in existence with 100k+ daily users. The idea that there will be a dominant VR space that behaves as a fits-all platform for all kinds of VR activities ignores lots of fundamentals. Right now it's basically just another Second Life. The extra piece is VR itself. There's real issues with focal distance for those using VR for periods exceeding 30 minutes. Basically, your eyes are looking "deep" into a scene while focusing on display just an inch or two away. There's the very real possibility that eye strain will remain a limiting factor for regular VR consumption. It would be like if you sat staring at a Magic Eye poster all day — probably not great long term.
Zuck is right, but a bit early. That being said, once it takes off, Meta will be way ahead of everyone. Companies will be rushing to figure out how to beat or integrate with the Meta Metaverse. The R&D investments Meta is making now are going to propel us into the next internet in the same way the FB made social media a mainstay, the key question is whether Meta will be how soon they can profit from it.
>from what I would consider a great business at its core. The core business is still there and growing. They aint shutting down FB or Instagram. Sure $10B goes into their new AR/VR branch, but the remaining $40B of the FCF goes right into the bank.
Sorry, just realised you're talking about Zuckerberg's Metaverse with a capital M, not a possible metaverse (term was in use before FB trademarked it) That place is a dumster fire waiting to happen and another unholy hook waiting to bury itself into those foolish enough to use it Fuck that place
Yeah, it’s likely he realizes Facebook is played out with the younger crowd and is trying to stay relevant as he fades away like his greatest creation. The guy is loaded and FB was great when it first came out, but does anyone in younger, disruptive tech circles really consider Zuckerberg relevant at this point? Doubtful.
What I did from the beginning is get over 60% of my money with SPY and IWF and spend the rest 40% gambling with stocks I understand from an industry perspective (I used to be Sysadmin and hardware geek) I was humble about my abilities and thought to myself - if my bets were worse than the S&P500 I'd quit gambling with stocks. My bets ended up ahead of the S&P500 and I got +340% overall over 4 years despite some of my picks losing 95% of value and most of my money being in safe ETFs like SPY and despite losing ~25% year to date. Most of the money was made on Tesla when it was trading lower in 2018 than it was in 2013 and I thought it was ridiculous from an exponential progress perspective so I bought $500 of Tesla and sold some of it for +2000%, some of it for +1300%, some of it for +1000% making thousands just on this small $500 bet. AMD was another obvious pick that it was fairly guaranteed it would go up at that point, it just wasn't obvious to the masses oblivious to semiconductors yet. Google was a solid pick. But everything else I hate to admit was pure luck. I sold FB just before they lost a chunk of the value. I bought Bitcoin low, sold it high before it lost its value, rode NXP semiconductors wave with the luckiest turns of events - again I bought it low and very quickly without any rational sold it at what it turned out was the best possible moment. Etc. Despite technically "winning" I've learned my lesson and from now on I stick with ETF's: 90% of it is in VTI and IWF. I hold no stocks.
People generally don't go from regular daily users to cutting the cord overnight though like in your example. You might use FB 2 hours per day then gradually over time spend more and more time on IG and less on FB then one day you decide meh do I really need it and delete your profile. The point is more that as certain people use it less generally its because they're migrating to products owned by the same brand rather than a competitor. Like if I decide to switch up my drink at lunch from Coke to Fanta Coca Cola wins either way.
There’s a lot more to it than just the current cash flows tho: A lot investors look at the stocks in long-term and right now there is no clear path for a bright future for FB. Looking at MSFT - huge in the 90s then spent 15 years with no obvious growth before they expanded into cloud services. Apple languished in obscurity and was near bankruptcy before expanding into personal gadgets like iPod and iPhone. All of these companies had strong cash flows in the past and were a mainstay of consumer products. The same question is being posed right now to FB. They’re losing the social media game, Facebook.com is mostly irrelevant and constantly being challenged by regulations, Instagram probably being the only relevant and “cool” social media, even then, younger kids are using tiktok, WhatsApp is a mainstay outside of the US but no clear path towards monetization. And so they plan to expand into the “meta verse” - I have no fucking idea what it means. I think most people don’t realize exactly what it’s supposed to mean. I don’t think we will live like in ready player one. I don’t think VR will nearly have the Revolutionary potential of the personal gadgets - although I conceded I might be wrong and possibly biased because VR headsets make me dizzy and nauseous and I don’t even play video games. I believe this is what the market is assessing. Sure they’re making money now, but for how long, and they burning through tens of billions per year into an idea that could possibly never become a reality. That’s not to say that FB is done, but pricing FB as a growth company when there’s no clear path towards growth will bring down its P/R valuations which is what we’re seeing. Making a huge single bet will also come with a lot of inherent risks and the market is pricing that too. If you’re ok with all these risks then it’s more than fair - but it’s also important to take note of them.
It's not like the time you spend om FB is transferred IG. If my girlfriend spends 1 hour each day om FB, 2 hours om IG, she quits FB, then it doesn't mean she will spend 3 hours om IG. Meta Will lose on losing FB uaers. It's not exactly rocket science.
It's more a matter of total eyeball time for these companies, if you still browse Meta products for 2 hours per day all being equal they're unaffected. What I don't know is the relative profitability of FB vs IG. One hour on IG may be worth double to them or half I'm not sure. I'd be interested to find out though.
Sorry but I don't know anyone that can wear a VR headset for more than 45 minutes without getting a migraine. What happens to FB if metaverse fails and goes the way of Google glass, Wii, Kinetic, Gameboy 3D, insert another over hyped but impractical technology. Tech that's small, lightweight, portable, practical, and portable wins out over expensive and clunky everytime. FB may have a lot of cash on hand, but with the next generation looking at it like it's a VCR, Google and Apple shutting them out on user data and having to rebrand because they took what was once a useful service and turned it into what feels like craigslist..... I'm doubtful of it having growing utility beyond u targeted ads. (Typed but not proofread.)
I also know a lot of older folk joining FB. People who have lots of disposable income, without the tech skills to install ad blockers and are receptive to adverts. Also most younger people I know leaving FB are leaving because they only use Instagram which isn't a loss for Meta.
One thing you have to understand about FB/Meta is they have data. They know you, me, and everyone else. Besides Google, they have the most consumer information. They didn’t go into the metaverse because it would distract from FB. They went there based on data and that Zuck is a robot that chases money and data. They know the next big trend before anyone else. Don’t forget people use FB to log into almost every platform. Until they don’t, they know where the people are going.
Innovation is accidental and sometimes disruptive. I have yet to see someone in the tech world start out with a clear vision of how the next 5-10 years will look like and build a product for that. Take any example: Even Steve Jobs thought the App Store model would probably be a 1 billion dollar business. Google or Microsoft or FB or any company that has become a behemoth had no idea they would get there. This is why this whole meta verse thing will implode.
Look at his 13f. He was spot on with calling the bond bubble pop. TlT puts were an amazing play. People will shit talk him endlessly for being a bear but he also rode FB and Googl calls for the entire rona bull run. https://whalewisdom.com/filer/scion-asset-management-llc#tabholdings_tab_link We have been in a correction man. Nothing he has now stands out as amazing and it should be the same for you. If you have the money it's time to dca high confidence tickers for long term holds aggressively.
Almost all set to get my 82 year old mother a headset and get her into the metaverse. She just learned how to change her profile photo so she’s ready for AR, right? Maybe she would be willing to spend $200 on buying her avatar a Lilly Pulitzer dress instead of her cholesterol medicine for the month. Everyone that I know that uses FB is one step above Amish when it comes to technology. Zuck is a fucking idiot.