Until now I've actually been a believer in the amount of money that Zuck has poured into metaverse investments. I'm not a believer of the metaverse per se, but a believer that innovation takes unafraid capex. The last thing you want to be is scared money like microsoft who chose to scuttle the hololense project over the thought of spending a couple extra billion dollars on it.

But this deal really has left me with my head scratching. Scale is, to put it charitably, a glorified wrapper over workers in the Philippines. What meta gets in this deal is, in effect, is Alexander Wang. This is the same Wang who has said enough in public for me to think, "huh?" Said a lot of revealing stuff like at Davos (dont have the pull quotes off the top of my head) that made me realize he's just kind of a faker. A very good salesman who ultimately gets his facts off the same twitter feed we all do.

On top of what makes this baffling is that Meta has very publicly faced numerous issues and setbacks due to very poor data from Scale that caused public fires in both companies. So you're bringing in a guy whose company has caused grief for your researchers, is not research nor product oriented, and expect to galvanize talent from both the inside and outside to move towards GAI? What is Mark thinking?

Zuckerberg seems to have had all the pieces to make this work but I'm a lot less confident if I'm a shareholder now than a week ago. This is a huge miss.