He needs to show investors that Facebook is profitable, that they have products that increase in value over time.
Getting some pay offs from Democrats does not work. If they had a product that the government would buy on a contract would be a different thing.
Meta the company doesn't need profitability. It owns Facebook, Instagram, and Whatsapp. Meta and Metaverse aren't the same thing, despite people using them interchangeably.
Facebook is profitable to all governments and businesses in terms of data harvesting and marketing, regardless of any "on paper" value. It'll never die, for as long as it has those benefits the governments of the world will keep paying into it. Same with the other two. Whatsapp especially is even better because its what a lot of poorer foreign countries and "burner phone" people use, who wouldn't use the other two much.
Metaverse, the VR shit, has minimal userbase or adoption rate and is likely why their stock and layoffs keep happening.
You think a small core of incredibly rich investors care about market fluctuations?
They are making money elsewhere in their portfolio simply to offset the losses. They care way more about the political leverage than the losses that they can write off.
He needs to show investors that Facebook is profitable, that they have products that increase in value over time. Getting some pay offs from Democrats does not work. If they had a product that the government would buy on a contract would be a different thing.
Meta the company doesn't need profitability. It owns Facebook, Instagram, and Whatsapp. Meta and Metaverse aren't the same thing, despite people using them interchangeably.
Facebook is profitable to all governments and businesses in terms of data harvesting and marketing, regardless of any "on paper" value. It'll never die, for as long as it has those benefits the governments of the world will keep paying into it. Same with the other two. Whatsapp especially is even better because its what a lot of poorer foreign countries and "burner phone" people use, who wouldn't use the other two much.
Metaverse, the VR shit, has minimal userbase or adoption rate and is likely why their stock and layoffs keep happening.
Profitable? Investors don't give a shit about profitability when you have politicians in your pocket.
They pay money into Meta for the political leverage, not the product.
Is that why Meta stock is down 50% from its peak?
You think a small core of incredibly rich investors care about market fluctuations?
They are making money elsewhere in their portfolio simply to offset the losses. They care way more about the political leverage than the losses that they can write off.
Who do you think has sold resulting in those losses? Retail investors?