Smart move. No clear path to growing meaningful revenue mixed with very expensive inference costs is not a good mix ahead of an IPO --- oh and not to mention competitors in TikTok and Instagram that are doing just fine.
After placing my hand on the red-hot stove, aren't I super smart for now removing my hand?
That is, hiring Meta-exec's who focus on gaming numbers with no care nor sensibility of product.
Wild really. Well done Sam.
So I agree with you, but also it makes me wonder what they're even selling when the IPO happens (supposedly as early as late summer 2026)? Data centers? Partnerships with the goverment?