Put respect on Mark and Meta’s name #meta #ai #capitalallocation #capex #technology #zuckerberg
Put respect on Mark and Meta’s name #meta #ai #capitalallocation #capex #technology #zuckerberg
Description
The cofounders discuss Mark Zuckerberg's strategic capital allocation and acquisition success at Meta
Transcript
but one thing you cannot argue about with Marcus he is the expert capital allocator the acquisitions building the ecosystem using that to get to 3 billion eventually profitable users. You got to put respect on his name. The allocation in the metaverse though oh haha. This is what they do. This is what they do. They think because listen when you innovate some things are gonna flop. Everyone knows that man, some things are gonna flop. They spent billions and it didn't work but at the end of the day, took his L. Yeah they took the L but look they bought Instagram, they bought WhatsApp, what else have they done, they made and they find these inorganic but ultimately they found opportunities that became you know globally significant opportunities at a time of those questions if they would even make money.

