Meta Has Already Blown $10 Billion on its Metaverse Dreams
The company’s earnings report could be the start of a slow death
Published in
3 min readFeb 3, 2022
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In the 11 minutes that passed after the markets closed on Feb 2, the value of Facebook’s parent company, Meta, had plunged over 20%. If the decline holds for the opening of trading on Feb 3, the company stands to lose $200 billion in value overnight. (Update…
