Meta Value Plunges By $700 Billion As Metaverse Fails To Gain Traction, Called A Train Wreck

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SOURCES
1: https://www.theverge.com/2022/9/29/23378996/meta-hiring-freeze-layoffs-mark-zuckerberg-facebook
2: https://www.theverge.com/2022/10/6/23391895/meta-facebook-horizon-worlds-vr-social-network-too-buggy-leaked-memo
3: https://www.businessinsider.com/most-metaverse-users-dont-even-make-it-a-month-wsj-2022-10
4: https://www.youtube.com/watch?v=I845O57ZSy4&t=13144s
5: https://arstechnica.com/gaming/2022/10/carmack-wants-a-250-vr-headset-to-counterpoint-the-1499-quest-pro/
6: https://www.nytimes.com/2022/10/09/technology/meta-zuckerberg-metaverse.html
7: https://twitter.com/firstadopter/status/1579908156880453632
8: https://www.oculus.com/blog/meta-quest-pro-price-release-date/
9: https://twitter.com/geoffkeighley/status/1579894922710114307
10: https://news.yahoo.com/mark-zuckerberg-showed-full-avatar-203809027.html
11: https://www.youtube.com/watch?v=g6Ni5S56lec&t=206s
12: https://twitter.com/cd_hooks/status/1559665074868031490
13: https://www.instagram.com/p/Chc8I1VBzk6/
14: https://youtu.be/F0uRvxQB-uA
15: https://www.ign.com/articles/the-metaverse-has-had-a-very-bad-week
16: https://twitter.com/tomwarren/status/1585333956194729986
17: https://www.cbsnews.com/news/meta-stock-down-earnings-700-billion-in-lost-value/
18: https://www.google.com/search?q=meta+stock&rlz=1C1ONGR_enUS1012US1012&sxsrf=ALiCzsZXjA4wLsGK4j0z135OUC46mN8ZcQ:1666915770980&source=lnms&sa=X&ved=2ahUKEwiK9piT0YH7AhXCLUQIHWZzCxIQ_AUoAHoECAMQAg&biw=2560&bih=1264&dpr=1
19: https://www.npr.org/2022/10/27/1131705422/facebook-meta-earnings-stock-price-fall-metaverse
20: https://www.ign.com/articles/meta-is-losing-billions-on-the-metaverse-and-its-not-getting-better
21: https://nymag.com/intelligencer/2022/10/meta-earnings-company-formerly-known-as-facebook-is-a-mess.html
22: https://www.theguardian.com/technology/2022/oct/26/meta-earnings-report-facebook-stocks
23: https://www.wsj.com/articles/facebook-parent-meta-shares-fall-to-new-multiyear-lows-11666882875

0:00 – Recap
4:08 – Hellena’s Response

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