Splashing tens of billions of dollars on building the metaverse has gone down like a lead avatar with Meta Platforms Inc. shareholders, with its market capitalization down by about three-quarters from its peak of $1.1 trillion reached barely a year ago.Chairman and Chief Executive Officer Mark Zuckerberg has gone rogue, but I find myself unsympathetic to shareholders' plight.
#years #necessarily #recent-years #entrepreneurs #sustainable #accountable #shareholders #constraints #financial-times #institutional-investors
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