To be perfectly honest I'm not too bearish on the metaverse itself. I think there are definite use cases, and while I don't think the amount of cash being poured in is a good idea, I'm not totally against it.
The real sticking point is the poor corporate governance, and that's really not something worth risking.
A thorough post as usual Tiago.
A quick look on Simply Wall Street, which I subscribe to, reveals that Meta looks undervalued and could be of interest.
For me the problems are:
No dividend
Is the digital universe going to be a success? Mr Zuckerberg will be shown to be either having made a big mistake or a great visionary.
Obvious beneficiaries are gamers, but would they transition from their current consoles?
The only example I can think of is the number of attempts at making 3D films starting from around the 1960’s and each one fails.
Regards
Louis
To be perfectly honest I'm not too bearish on the metaverse itself. I think there are definite use cases, and while I don't think the amount of cash being poured in is a good idea, I'm not totally against it.
The real sticking point is the poor corporate governance, and that's really not something worth risking.