Mark Zuckerberg’s metaverse is a joke not shared by investors

In his defense investors are very short term oriented. Unless you were an Amazon investor in the early days … investors these days seem to just care about quarterly earnings. I still think the meta verse is bullshit and Meta as a whole is a net negative to society (Instagram included) but… investors are not these long horizon angels either.

I’m so confused why non-voting shares exist. If there isn’t a dividend, why are they valued at anything at all? What exactly are you holding with your non-voting share?

This is my favorite thing about Facebook going down.