Mark Zuckerberg is being called out as one of the most optimistic people in this universe.
The CEO of Meta has reportedly been defending his metaverse platform for so long despite critics calling the project a complete waste of time and money.
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The news comes as the company’s earnings report for Q3 of 2022 came out recently and was published on Wednesday.point 221 |
It went into a lot of detail regarding the drop in shares by 11%.point 52 | Moreover, this is also the second straight quarter in a row where revenue was seen dropping to a new low.point 138 | 1
As it is, Meta is suffering some major losses and it wouldn’t be wrong to mention how it’s getting hammered left and right, thanks to a decrease in ad spending.
This added to increased expenses is just making matters worse.
Some experts believe the best way to go about the situation of gaining back losses is by reducing the headcount for employees. So as you can imagine, even workers are worried about what could happen next.
But despite so much talk about the firm being in shambles, there is more news about the future of the company and how the CEO seems so optimistic.
He talked about his upcoming metaverse and how it could be the next big thing in this world. Moreover, so many people are very concerned about how the metaverse will fail to click with the common man but Zuckerberg feels that’s not true.
He says that despite people’s reservations on the matter, the metaverse has a bright and promising future. Hence, he called on his loyal shareholders to come forward see the potential and invest.
This is their time to shine and he feels those taking this challenge on will be guaranteed great benefits and returns in the long run.