$2.3 billion of TTM revenue, slower growth than Family of Apps division, $18.1 billion of TTM operating losses.
If this were a startup, it would be very difficult to raise their next round of funding.
Shutting down Reality Labs could create $363 billion of value, or $144/share, assuming a 20 P/E.
When will META shut down Reality Labs?
byu/Constant-Bridge3690 ininvesting
Posted by Constant-Bridge3690
2 Comments
I mean you’ll part of your wish with reported job cuts coming soon. But that money is just going into AI.
Been holding my breath since leaving that dumpster fire of an org a couple years back, doing the same math as you did. It’s the reason why I’m still holding meta until $800-$900 minimum. But zuck be stubborn in his lighting of 10s of billions on fire.
This org is the single most useless org in the entire history of tech. It has also minted thousands of utterly mediocre engineers and managers over the years.