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No pivot!

The Compound and Friends

00:00

Is Facebook a Metaverse Company?

The idea that Facebook is a metaverse company has become so overblown at this point. The CFO was talking about like the vast majority of their investment spend is in AI and data centers. And then the second data point is that they're actually taking share from TikTok, which if they are it, that reels is taking a much.

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