One thing that became clear in this past week’s terrible tech earnings is that Mark Zuckerberg already lives in the metaverse. At the very least, it seems that the
Meta Platforms
CEO has established residence in an alternative reality where investors blindly follow founder-CEOs wherever they go, no matter the cost or odds of success.
But here in the real world, Zuckerberg is destroying shareholder value and his own reputation. Investors have had enough, but Zuckerberg maintains voting control of the company he started. There’s no way to stop him.
