To be fair, if the meta verse did succeed, it would've been an amazing play.They were the only serious tech company in the space, they own oculus, and has many of years in the space. I'm sure it was justified with, if this works(20% chance=> trillions of dollars, infinite shareholder value). If this didn't, we ONLY lost 80BNJust like how currently google via waymo is the leader in autonomous driving.
Hacker News