If a company can dump $100B into failed project and still be profitable they have too much money. Jesus, imagine would would happen if this money went to the workers instead...
this post was submitted on 16 Jan 2026
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It's actually crazy that you can burn $100B in a project that everybody mocked from the beginnings and still be CEO after that while having earned billions in compensation
Hell, it’s fucking insane that we have to earn our bonuses and they still fucking suck yet these people will get millions after fucking it all up. Imagine if a regular worker failed this hard and was like “so where’s my $15,000 Christmas bonus?”
I didn't fuck up and only got a tenth of that.
You guys are getting Christmas bonuses?
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imagine would would happen if this money went to the workers instead...
where do you think the money went? I imagine a lot of it went to workers salaries....
[sweating profusely] Developers! Developers! Developers! Developers! Developers!
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imagine would would happen if this money went to the workers instead
imagine if they used it develop poor countries
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If they can burn a billion dollars on shit everyone else knew was a failure from day 1, they can pay a fucking reasonable tax rate
Go Valve go. Screw Facebook/Meta, Google, Apple. I want the future of VR to be standard desktop Linux centric. The iOS/Android state of mobile is annoyingly restrictive compared to even Windows let alone desktop/server Linux
Watch Valve put Proton on phones. It's going to be incredible.
I guess the idea just didn't have legs!
Over $100 billion down the toilet and zuck is still one of the richest people in the world wtf?
The US economy has devolved from an economy where you gain money by making and selling things to an economy where investing in the stock market and then taking out loans on that stock to keep investing is a better way to keep making money. When was the last time someone rich became poor?
That is one of the ways they avoid taxes. They take out loans to pay old loans and to spend on the value of their investments at good rates, and since they never realize income they never pay taxes. I think interest is even tax deductible to a degree.
Bezos in 2020, a year his wealth multiplied obscenely, paid 600 dollars. Less than we did.
As per a couple of propublica articles they published around 2021.
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Trillion is the new Billion.
100 billion must be in lost market capitalization, not real money, just like tesla is theoretically worth a trillion dollars, no one could recognize that money.
100 billion is a touch higher than I've read elsewhere, but evidently they actually spent $77 billion 'real' dollars:
https://finance.yahoo.com/news/mark-zuckerberg-threw-77-billion-143014208.html
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Lol at all the companies who got rugpulled again because they trusted Zuck's promises. Get rekt bozos.
One more piece of bad news for VR
VR is doing fine. It's a niche hobby for people like myself to feel like you're inside of a game, movie, or porn. If you're someone who does work on your own device, you can even work in VR.
The metaverse was a ridiculous idea, that is beaten by VRChat.
true
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Great News!
Nobody should use or support anything Meta. As a matter if principle.
The whole concept was dead on arrival. Second Life never took off and it was perplexing to see that Meta thought it could make it work.
I mean - it kind of does work. There are millions of people socializing in online games. Playing World of Warcraft with their friends or people they met there. Building crazy things on a Minecraft server while forming friendships. Playing on that Counterstrike Server for decades with the same people. Forming that guild or that clan in an MMORPG. There is something that does work. Not sure why Zuckerberg wanted VR to be part of that and that Facebook touch of poo is also not helping, but trying to build "World of Warcraft for your aunt" is not the worst idea.
Games have something to do with socialization as an extra benefit.
The meta shit was conceived of as 3d advertising with socialization as an extra benefit.
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Yeah, but I mean there's "you shouldn't use this because Meta is bad" and then there's "no one wants to use this because it is, on a fundamental level, an incredibly stupid idea and I can't believe anyone thought this would ever catch on."
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This is a good reason not to let Jeff Bezos convince you that computer saas is a good idea.
Rent seeking. Landlords are leeches.
I was struggling to think where i recognized that bit was but you just solved that. They want rent, never for you to own anything, much less anything tangible that cant be taken away or revoked or forced to surrender or relinquish
Appl does the same with music and videos and audiobooks and books They want to license it to you and for you to have zero access to the actual files and brainwash entire ongoing new generations to not even understand a file system/owning real files and knowing where to get basically any file you want. The whole notion of a file having tangible value and operable
But what about the zero people who used it? Whatever will they do?
But this time it will be totally different! They'll learn to love our AI slop! Trust me, bro!
I can't imagine any single company licensing this stuff
Don’t worry. The billions Zuck dumped into crypto and NFTs will pay for the billions he dumped into VR.
He’s a genius, dontchaknow.
I can't think of many things worse than having to use a VR headset for work.
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