alt Hacker NewsMeta certainly do give the impression that they are burning through ridiculous amounts of cash with not much to show for it, and thats just from the outside.
Replies
Dlemlo • today at 11:11 AM
Yeah and if you look at there numbers, they can just afford it. When you realize how big zuckerberg still is.
altmanaltman • today at 11:36 AM
How is it a bad thing if a company goes all in on burning cash but at the time have never reported a net loss quarter since its IPO? Its their money to burn at this point who cares
If you scroll Instagram for a few minutes you'll see what they have been working on and that are also making a ridiculous amount of cash by selling and serving ads while burning some on side projects like that.