Meta is dying

Photo by Ýlona María Rybka on Unsplash

Meta is quietly collapsing.

Venture capital Altimeter Capital’s CEO Brad Gerstner commented:

“Meta has drifted into the land of excess — too many people, too many ideas, too little urgency … This lack of focus and fitness is obscured when growth is easy, but deadly when growth slows and technology changes.”

If you check how the average employee in Meta works, you may suddenly realize how over-hyped the Meta company was.

Meta burns its cash too fast to make its products work out.