Assessing Meta's Strategic Shift and Financial Outlook |Roger McNamee, Co-Founder, Elevation Partners. 00:10:00
Roger analyzes Meta's recent strategic shifts and financial performance, highlighting challenges in saturated markets and competitive threats from platforms like TikTok. He critiques Meta's heavy investment in the metaverse, questioning its long-term viability amid structural concerns and the impact of workforce reductions on morale and productivity. Roger's insights offer investors a sobering perspective on Meta's trajectory amidst broader industry hype around AI and technological investments.