Meta Platforms (NASDAQ: FB), the company formerly known as Facebook, is planning to spend well over $20 billion on its business in 2022, with a large chunk of that cash going toward its push into building a metaverse platform. In this video from "The Virtual Opportunities Show," recorded on Dec. 21, 2021 Fool contributors Asit Sharma and Demitri Kalogeropoulos discuss how that spending is sure to make Meta the leading player in this niche, while potentially generating strong returns for investors going forward. Asit Sharma: What company do you want to talk about in terms of capital efficiency? Read More...
Meta Platforms (NASDAQ: FB), the company formerly known as Facebook, is planning to spend well over $20 billion on its business in 2022, with a large chunk of that cash going toward its push into building a metaverse platform. In this video from “The Virtual Opportunities Show,” recorded on Dec. 21, 2021 Fool contributors Asit Sharma and Demitri Kalogeropoulos discuss how that spending is sure to make Meta the leading player in this niche, while potentially generating strong returns for investors going forward. Asit Sharma: What company do you want to talk about in terms of capital efficiency?
