The Defrag

Will The Metaverse Destroy Meta?

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Episode notes

We're a year into the metamorphosis of Facebook into Meta, and by all indications it seems the transition is putting significant pressure on the company. Meta's share price has dropped by around 70% since the rebrand and user adoption is slow. So how long can Meta continue spending on the Metaverse before investors force it to refocus on its core business?

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Read The Wall Street Journal's investigation into the Metaverse: https://www.wsj.com/articles/meta-metaverse-horizon-worlds-zuckerberg-facebook-internal-documents-11665778961

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