A very interesting interview with a Former High ranking $Met...
A very interesting interview with a Former High ranking $Meta Platforms (META.US)$ director (2 levels from C-suite) on some cultural things regarding Zuck:
- Zuck's end vision is seeking to build an operating system. He also shared some chatter on the halls at $META that the goal for Zuck for AR/VR is to have a MedTech device contact lens.
- Through the 2022 $META layoffs, Zuck learned that he is no longer as close as he would like to have been to the product.
- He thinks that if $AAPL also starts competing in the AR space, $META can get the costs of Orion AR glasses down to $1000 in 18 months.
- According to him, both Zuck, Boz, and Cox were quite unfazed when the stock dropped 70% in 2022: »We've seen this before…. Even at our size we're okay with that«.
- Zuck wants to do what Zuck wants to do. For a while, it wasn't that way as Zuck created committees and stepped away, but he didn't like the results of that. Now he is back, and his legacy is paramount to him.
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