Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by recursivecaveat

5 days ago

Tbf I don't think they ever intended to make back their investments via the goggles. As near as I can tell the thought process was basically: "Real estate + fashion + live entertainment + art + etc is X quadrillion dollars. We could make The Virtual World and capture all that value. It would be irrational not to invest $100B!" Basically Pascal's Investment.

0 comments

recursivecaveat

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities