Investing in the Metaverse: Risks and Governance

This chapter examines the financial implications of a major tech company's investments in the metaverse and R&D, while exploring the potential risks of governance structures such as dual-class shares. It discusses how excessive founder power can lead to autocratic decision-making, diminishing accountability and investor trust. The conversation also addresses the cyclical nature of founder worship in the tech industry and the need for effective regulatory frameworks to ensure transparency and corporate responsibility.