META: Connecting People

312 Views05 Nov 2022 08:18
  • 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.
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  • META: Connecting People
    05 Nov 2022