Is There a Tension Going Around Reality Labs?

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More than 10,000 people are working in Facebook's reality labs. There does seem to be the sense that Mark's attention is laser focused on this product and this division. I think if you look at the big picture of Facebook and where they're putting energy, I do think it's the metaverse, but I also think it's ads product or ads in general.

First, we speak with The Information’s Sylvia Varnham O’Regan about Meta's plan to double its VR headsets by 2024 (02:06), VR adoption (13:14), and more. We wrap by discussing the SEC’s Crypto Assets and Cyber Unit adding 20 new agents (39:52).

00:00 Jason and Molly tee up today’s show
02:06 Speaking with The Information’s Sylvia Varnham O’Regan on her article about Meta doubling its VR headsets by 2024
12:01 Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
13:14 What will be the tipping point in adoption for Meta’s VR headsets?
22:10 Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
23:25 What does the timeline look like for Meta’s VR headsets?
35:40 Meta’s Burlingame Oculus store
38:38 Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
39:52 The SEC’s Crypto Assets and Cyber Unit, formally known just as Cyber Unit, will be adding 20 new positions

Check out Sylvia's Reporting: https://www.theinformation.com/articles/meta-plots-ambitious-vr-release-schedule-of-four-headsets-by-2024

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