Will the Metaverse destroy Meta?
How long can Meta continue spending on the Metaverse before investors force it to refocus on its core business?
We're a year into the metamorphosis of Facebook into Meta, and by all indications it seems the transition is putting significant pressure on the company. Meta's share price has dropped by around 70% since the rebrand and user adoption is slow. So how long can Meta continue spending on the Metaverse before investors force it to refocus on its core business?