5 years from now, Meta's investment in VR/AR will be looked as a a master move

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

The risks of AR/VR not working are too high, and Meta’s core business is getting destroyed by Apple.

Building a massive business on the backs of hardware is soo hard - only really Apple and Tesla have done it. It has to be a product category that almost 100% of people need/want

co-founder stelo.com. theoretical cs phd dropout. into math, music, ml, macro, markets, surfing, writing amandhesi.net

In other words this is an asymmetric downside situation. In comparison Apple was a <$20B when Jobs bet the company on mobile and their existing business was not facing existential risk

Interesting! I had the opposite experience lol, worked on different product teams from 2014-2016 and thought there was a lot of dysfunction, bad incentives and politics

My money is on Meta because of how well they executed with Portal and I saw how good they are internally when I was working on the ads team. But I agree it is a huge risk. Will see how this pans out!