Zuckerberg’s $40 Billion Gamble: Why Meta is No Longer a Social Media Stock
By Evelyn Hartwell · 7 min read
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Mark Zuckerberg sat in a wood-paneled room, wearing his now-trademark uniform—a slightly-too-expensive designer t-shirt—and told the world that the future was no longer about legless avatars in a d…
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Meta’s stock is no longer a reflection of how many people are clicking 'Like' on a photo of their cousin’s wedding.
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To understand where Meta is going, we have to look at the wreckage of 2022.
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Then came the pivot.
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I spoke to several former Meta engineers who described the atmosphere during this transition as 'wartime.' The mandate was clear: every product had to be re-engineered around the Llama large langua…