IMHO the issue with Meta is Ma

2022-03-18

IMHO the issue with Meta is Mark Z still being in charge. He needs to let go and allow professional CEOs to run the company going forward. I feel Meta is suffering from Founder's syndrome where the founder believe so firmly in his/her ideas and way of running the business that he/she become blind-sided and having tunnel vision.

Meta Platforms Is Being Dragged Down by Key Flaws in Its Metaverse Plan

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Comments

BaronLyly
2022-03-18
BaronLyly
I’m not a big fan of Zuck, honestly speaking, but he’s still the CEO of the most important tech company in the world
KittyBruno
2022-03-18
KittyBruno
We have reached the point of reverse Darwinism and mass formation psychosis. The weakest will thrive and the fittest will not survive.
DonnaMay
2022-03-18
DonnaMay
No matter what, I will be the most loyal fan of META.
windy00
2022-03-18
windy00
Yeah! In most time, the image of CEO will largely affected the impression of company from public.
BurnellStella
2022-03-18
BurnellStella
You are right, the new management will bring vitality to the company's development.
MortimerDodd
2022-03-18
MortimerDodd
Yes, Mark Z is holding the company back right now.

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He needs to let go and allow professional CEOs to run the company going forward. I feel Meta is suffering from Founder's syndrome where the founder believe so firmly in his/her ideas and way of running the business that he/she become blind-sided and having tunnel vision.</body></html>","htmlText":"<html><head></head><body>IMHO the issue with Meta is Mark Z still being in charge. He needs to let go and allow professional CEOs to run the company going forward. I feel Meta is suffering from Founder's syndrome where the founder believe so firmly in his/her ideas and way of running the business that he/she become blind-sided and having tunnel vision.</body></html>","text":"IMHO the issue with Meta is Mark Z still being in charge. He needs to let go and allow professional CEOs to run the company going forward. I feel Meta is suffering from Founder's syndrome where the founder believe so firmly in his/her ideas and way of running the business that he/she become blind-sided and having tunnel vision.","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9035686306","repostId":1182164187,"repostType":2,"repost":{"id":"1182164187","kind":"news","pubTimestamp":1647581389,"share":"https://www.laohu8.com/m/news/1182164187?lang=&edition=full","pubTime":"2022-03-18 13:29","market":"us","language":"en","title":"Meta Platforms Is Being Dragged Down by Key Flaws in Its Metaverse Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1182164187","media":"investorplace","summary":"The fall of Meta Platforms(NASDAQ:FB) stock illustrates an important point about today’s market. Fou","content":"<html><head></head><body>The fall of Meta Platforms(NASDAQ:FB) stock illustrates an important point about today’s market. Founders have the power to build, but they also have the power to destroy. FB stock is no different, as its top-heavy power structure puts it at risk of missing opportunities it desperately needs for its metaverse plans.<img src=\"https://static.tigerbbs.com/2f31d795bb900e1f9f815ccd6fd176fc\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Blue Planet Studio / Shutterstock.comAs Facebook, Meta’s huge investments in cloud infrastructure made it a trillion-dollar behemoth. Now, with the name changed and CEO Mark Zuckerberg’s new metaverse vision in place, that value has been cut in half. Meta was trading at $188.50 per share on March 15, a market capitalization of $516 billion. That’s about 13 times last year’s net income of nearly $40 billion.Meta has become a cheap stock by almost any measure. It’s now trading more likeJPMorgan Chase(NYSE:JPM) than a tech stock. Investors don’t seem to believe in the company’s vision, but it shows no signs of changing its approach to the metaverse.<h2>FB Stock’s Metaverse Dreams in Peril</h2>The December quarter saw net income of $10.3 billion,down $500 millionfrom a year earlier. It was considereda disasteron the Street. So far, March looks to be worse. The company is already cancelling employee perks like afree laundry service. Median compensation at the company is nearly$150,000.Additionally, the Russian invasion of Ukraine is just the latest in a series of unfortunate events that have hurt social media.Bank of America(NYSE:BAC) says the war is going tomake it hardfor FB stock to recover lost ground.What started the stock falling was the company’s move to put$10 billion per yearinto the metaverse, a software stack supporting virtual and augmented reality. The spending was exorbitant andcut into its profit, and it’s expected to continue for several years.Critics like formerNintendoof America (OTCMKTS:NTDOY) president Reggie Fils-Aime are nowopenly dismissive. Meta’s 20 million VR headsets sold to date would be a single-year figure at Nintendo, he claimed.The cash flow needed for the metaverse investment is also under new threats from regulators and the market.ByteDance’sTikTok and evenSnap(NYSE:SNAP) have more cachet among young users.<h2>The Road Not Taken</h2>There isa way outof this. Meta could rent space in its 15 hyperscale data centers to other companies. As I have written, it is hardware, not software, that made Facebook a Cloud Czar.Amazon (NASDAQ:AMZN),Alphabet(NASDAQ:GOOGL, NASDAQ:GOOG) andMicrosoft(NASDAQ:MSFT) all bring in billions of dollars renting out cloud capacity.Apple(NASDAQ:AAPL) gets billions directly from users by renting cloud space.Meta has never done this. The only services that run on its hardware are Meta services. If the company was willing to rent space, it could bring in the cash flow necessary to make its metaverse plans affordable.It won’t. There’s also nothing investors can do to force the issue, because super-voting shares give Zuckerbergabsolute controlof the company. If that power were taken away and that influence were given to other parties, Meta could be in play.<h2>The Bottom Line on FB Stock</h2>It’s clear that investorsno longer believein Meta’s vision as spearheaded by Mark Zuckerberg.Some people believe Facebook innovated the social network. It didn’t. The company’s great innovation wasthe Open Compute Project, whichcut the costsof cloud services and made it affordable using cash flow.If the company built smaller data centers nearer users to reduce latency, Meta could rent capacity for cloud gaming, restart growth and make the metaverse affordable. 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Founders have the power to build, but they also have the power to destroy. FB stock is no different, as...\n\n<a href=\"https://investorplace.com/2022/03/meta-platforms-is-being-dragged-down-by-key-flaws-in-its-metaverse-plan/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2022/03/meta-platforms-is-being-dragged-down-by-key-flaws-in-its-metaverse-plan/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182164187","content_text":"The fall of Meta Platforms(NASDAQ:FB) stock illustrates an important point about today’s market. Founders have the power to build, but they also have the power to destroy. FB stock is no different, as its top-heavy power structure puts it at risk of missing opportunities it desperately needs for its metaverse plans.Source: Blue Planet Studio / Shutterstock.comAs Facebook, Meta’s huge investments in cloud infrastructure made it a trillion-dollar behemoth. Now, with the name changed and CEO Mark Zuckerberg’s new metaverse vision in place, that value has been cut in half. Meta was trading at $188.50 per share on March 15, a market capitalization of $516 billion. That’s about 13 times last year’s net income of nearly $40 billion.Meta has become a cheap stock by almost any measure. It’s now trading more likeJPMorgan Chase(NYSE:JPM) than a tech stock. Investors don’t seem to believe in the company’s vision, but it shows no signs of changing its approach to the metaverse.FB Stock’s Metaverse Dreams in PerilThe December quarter saw net income of $10.3 billion,down $500 millionfrom a year earlier. It was considereda disasteron the Street. So far, March looks to be worse. The company is already cancelling employee perks like afree laundry service. Median compensation at the company is nearly$150,000.Additionally, the Russian invasion of Ukraine is just the latest in a series of unfortunate events that have hurt social media.Bank of America(NYSE:BAC) says the war is going tomake it hardfor FB stock to recover lost ground.What started the stock falling was the company’s move to put$10 billion per yearinto the metaverse, a software stack supporting virtual and augmented reality. The spending was exorbitant andcut into its profit, and it’s expected to continue for several years.Critics like formerNintendoof America (OTCMKTS:NTDOY) president Reggie Fils-Aime are nowopenly dismissive. Meta’s 20 million VR headsets sold to date would be a single-year figure at Nintendo, he claimed.The cash flow needed for the metaverse investment is also under new threats from regulators and the market.ByteDance’sTikTok and evenSnap(NYSE:SNAP) have more cachet among young users.The Road Not TakenThere isa way outof this. Meta could rent space in its 15 hyperscale data centers to other companies. As I have written, it is hardware, not software, that made Facebook a Cloud Czar.Amazon (NASDAQ:AMZN),Alphabet(NASDAQ:GOOGL, NASDAQ:GOOG) andMicrosoft(NASDAQ:MSFT) all bring in billions of dollars renting out cloud capacity.Apple(NASDAQ:AAPL) gets billions directly from users by renting cloud space.Meta has never done this. The only services that run on its hardware are Meta services. If the company was willing to rent space, it could bring in the cash flow necessary to make its metaverse plans affordable.It won’t. There’s also nothing investors can do to force the issue, because super-voting shares give Zuckerbergabsolute controlof the company. If that power were taken away and that influence were given to other parties, Meta could be in play.The Bottom Line on FB StockIt’s clear that investorsno longer believein Meta’s vision as spearheaded by Mark Zuckerberg.Some people believe Facebook innovated the social network. It didn’t. The company’s great innovation wasthe Open Compute Project, whichcut the costsof cloud services and made it affordable using cash flow.If the company built smaller data centers nearer users to reduce latency, Meta could rent capacity for cloud gaming, restart growth and make the metaverse affordable. Unfortunately, unless it changes course or updates its leadership structure, the company might not recover soon enough.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":272,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100869203,"commentId":"100869203","gmtCreate":1647586274796,"gmtModify":1663245320643,"authorId":9000000000000695,"author":{"id":9000000000000695,"idStr":"9000000000000695","authorId":9000000000000695,"name":"BaronLyly","avatar":"https://static.tigerbbs.com/2002537f0b7be973a9a9a72fea618459","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I’m not a big fan of Zuck, honestly speaking, but he’s still the CEO of the most important tech company in the world","text":"I’m not a big fan of Zuck, honestly speaking, but he’s still the CEO of the most important tech company in the world","html":"I’m not a big fan of Zuck, honestly speaking, but he’s still the CEO of the most important tech company in the world","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100869130,"commentId":"100869130","gmtCreate":1647585784697,"gmtModify":1663245321455,"authorId":9000000000000521,"author":{"id":9000000000000521,"idStr":"9000000000000521","authorId":9000000000000521,"name":"KittyBruno","avatar":"https://static.tigerbbs.com/55e526bf56359c8153d15df97d3245b8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"We have reached the point of reverse Darwinism and mass formation psychosis. The weakest will thrive and the fittest will not survive.","text":"We have reached the point of reverse Darwinism and mass formation psychosis. The weakest will thrive and the fittest will not survive.","html":"We have reached the point of reverse Darwinism and mass formation psychosis. The weakest will thrive and the fittest will not survive.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100868985,"commentId":"100868985","gmtCreate":1647584950252,"gmtModify":1663245319934,"authorId":9000000000000626,"author":{"id":9000000000000626,"idStr":"9000000000000626","authorId":9000000000000626,"name":"DonnaMay","avatar":"https://static.tigerbbs.com/f20dbb02d38eebfd4b768781cc568594","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"No matter what, I will be the most loyal fan of META.","text":"No matter what, I will be the most loyal fan of META.","html":"No matter what, I will be the most loyal fan of META.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100872838,"commentId":"100872838","gmtCreate":1647614955187,"gmtModify":1663245336140,"authorId":3479274759070660,"author":{"id":3479274759070660,"idStr":"3479274759070660","authorId":3479274759070660,"name":"windy00","avatar":"https://static.tigerbbs.com/38b1d941a51e1a5f1ca29e3f8ce62213","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Yeah! In most time, the image of CEO will largely affected the impression of company from public.","text":"Yeah! In most time, the image of CEO will largely affected the impression of company from public.","html":"Yeah! In most time, the image of CEO will largely affected the impression of company from public.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100868986,"commentId":"100868986","gmtCreate":1647584956795,"gmtModify":1663245320731,"authorId":9000000000000665,"author":{"id":9000000000000665,"idStr":"9000000000000665","authorId":9000000000000665,"name":"BurnellStella","avatar":"https://static.tigerbbs.com/2c065267febaa7f90a2c347c9360e4b1","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"You are right, the new management will bring vitality to the company's development.","text":"You are right, the new management will bring vitality to the company's development.","html":"You are right, the new management will bring vitality to the company's development.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100868979,"commentId":"100868979","gmtCreate":1647584930690,"gmtModify":1647584930690,"authorId":9000000000000469,"author":{"id":9000000000000469,"idStr":"9000000000000469","authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/45889c069df88784e75b651f763a062a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035686306,"objectIdStr":"9035686306","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Yes, Mark Z is holding the company back right now.","text":"Yes, Mark Z is holding the company back right now.","html":"Yes, Mark Z is holding the company back right now.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9035686306"}