Cryptopolitan
2022-10-25 09:02:06

Why Meta’s $100B investment in the metaverse is terrifying: Altimeter Capital

Meta’s $100B investment in the metaverse is “terrifying,” according to an open letter dated 24 October 2022 to Meta by Altimeter Capital CEO Brad Gerstner. The CEO criticizes Meta’s supersized investments in the Metaverse. In the letter, he voices concerns shared by Meta shareholders urging Meta to “streamline and focus its path forward.”  Gerstner owns … Why Meta’s $100B investment in the metaverse is terrifying: Altimeter Capital Read More »

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