Comment by Ekaros
4 months ago
Debt financed. Who is loaning money to these things? I feel there must be an other level of bubble there...
4 months ago
Debt financed. Who is loaning money to these things? I feel there must be an other level of bubble there...
Seems like a stable investment with returns locked in through 2049 unless Facebook defaults.
Maybe I’m off the mark here but considering the state Facebook was in until AI put some wind back in its sales I would not say 20 years is a safe bet.
Remember how much time and money they burned on Metaverse? They’ve got nothing to show for it. And wasn’t only like 1-2 years ago they stopped publishing DAU’s in favor of a more favorable metric?
Someone feel free to correct me but they seemed to be just dipping their toes into a bit of a house of cards situation just a couple of years ago.
2049... 20 years. So what exactly is being funded? Just the infra? Walls, power grid, cooling, security cameras and such. Or is any part of this the servers? Is there need for more money in say 2039?
They probably used some of the money for this: https://www.nextplatform.com/2025/10/02/meta-buys-rivos-to-a...
Hence the big push currently ongoing to allow 401ks to invest in private markets
Wouldnt that be pocket change?
The exact value of all 401k isn't really known, but the average account value is estimated at ~135k, if (let's say) 200 million Americans have a 401k, that comes out to 27 trillion.
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It’s private money, like if you went and asked your uncle for a loan.