META: Connecting People

312 Views05 Nov 2022 08:18
Syndicated
SUMMARY
  • A few weeks ago, Altimeter Capital CEO Brad Gerstner and longtime shareholder of Meta wrote an open letter to you and the rest of the team at Meta - humbly requesting that you guys pay more attention to the company’s deteriorating share price, and the gradually hostile investor sentiment towards your company.
  • Basically he was telling you to shape up or ship out - with the main vex of his letter being your company’s large cash burn in their Reality Labs segment (i.e. Metaverse).
  • As a complete nobody with a net worth of less than $1B, I thought that I should weigh in as well.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Value Investing
Research from Value Investing
Value Investing
Equity Bottom-Up
  • META: Connecting People
    05 Nov 2022
x