Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
In news you can file under 'painfully predictable,' Meta spent another quarter burning through the GDP of a small nation in a bid to birth the metaverse.
What the hell are they even spending all this money on when they don't have much to show for it?
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Just how? What are they all doing there? According to the wiki Reality Labs have 17,000 employees. They didn't create anything that a company of 1,000 couldn't.
It's a typical silicon valley situation. Half of those people are likely doing next to no work, and the management doesn't even know who they are
Nonsense, management has setup meetings throughout the day so that the people that are actually working only get about an hour's worth of actual work done
Yeah, something doesn't add up. Even if all 17000 employees were paid $400k/year (I'd be shocked if this were the case) that would be ~1/3 this amount. I smell BS.
Another tax evasion scheme?
When the math doesn't add up... I figure there's money launderers in play.
But I won't look for them too hard, as I have only risk and no reward from being the one to find them.