Comment by paxys
5 days ago
It’s wild how much mismanagement Zuck is able to get away with just because he controls majority voting shares in Meta. At this point all of the missteps by the company in AR/VR, AI and everything else can directly be traced back to him. Half-baked vision, massive spending and no accountability. The company desperately needs a Sundar/Satya type leader.
>The company desperately needs a Sundar/Satya type leader.
For the sake of the world's sanity, I'd rather see them go belly up.
Yea, we're all lucky that the company is so badly managed and lacks vision and execution. If they were visionary, competent and effective, Meta products would be an even bigger menace and more destructive than they already are.
He has accountability. If people don't like his choices they can sell their shares and he can be a majority voter in a worthless company. People holding says otherwise.
It's good to see companies actually try things instead of sit there and not innovate.
At the end of the day the core business is throwing off tonnes of money and is run fine. Would it be better not to throw billions at the next cool thing? Who knows. Probably. But Google does the same thing and they've actually built some cool stuff.
Return it to the shareholders!