In Q3 call Zuckerberg said “While we continue to navigate some challenging dynamics of volatile macroeconomy, increasing competition, ads signal loss and growing costs from our long-term investments. I have to say that our product trends look better from what I see than some of the commentary, I've seen suggests.”
The bear case seems to be that Zuckerberg will remain stupid about returns forever. Would you really want to bet against one of the greatest entrepreneurs of our generation? It seems odd to me.
For what it's worth the reviews on Glassdoor are pretty positive about Zuckerberg and the organisaton.
META headwinds played out?
Simple and to the point. Thank you for this.
The bear case seems to be that Zuckerberg will remain stupid about returns forever. Would you really want to bet against one of the greatest entrepreneurs of our generation? It seems odd to me.
For what it's worth the reviews on Glassdoor are pretty positive about Zuckerberg and the organisaton.
https://www.glassdoor.sg/Reviews/Meta-Reviews-E40772.htm
Thanks the analysis. It will take a few years play out, in the meantime it is a bundle of a great business and a bit bet on VR.