It was not very efficient usage of the money. It actually ended up paying for ov... | Hacker News

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		drivebyhooting 31 days ago \| parent \| context \| favorite \| on: Meta will shut down VR Horizon Worlds access June ... It was not very efficient usage of the money. It actually ended up paying for overpriced real estate in the bay area and vanity toys such as Porsches.

georgeburdell 31 days ago [–]

Considering other mega corps would either hoard the cash or increase dividends, the fact that any money went to engineers is a win. Saying the money would be better spent funding startups does not reflect any real possibility.

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