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A comment on Since becoming Meta, Facebook’s parent company has lost US$650B. Parent comment
I don't know what rate of return they get on their cash; probably more than you or I get. However, either of these would be better than the metaverse:
1) starting a venture fund to invest in other startups, which really are innovative but don't need $100's of millions yet.
2) paying a one-time or continuing dividend to shareholders, like Microsoft did in 2004: https://www.nytimes.com/2004/07/21/business/technology-micro...
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I don't know what rate of return they get on their cash; probably more than you or I get. However, either of these would be better than the metaverse:
1) starting a venture fund to invest in other startups, which really are innovative but don't need $100's of millions yet.
2) paying a one-time or continuing dividend to shareholders, like Microsoft did in 2004: https://www.nytimes.com/2004/07/21/business/technology-micro...