24-10-2022 22:33 via thedrum.com

Tech investor tells Meta its $100bn metaverse spend is 'super-sized and terrifying'

Meta’s focus on becoming a leading force in the nascent metaverse has begun to make at least one of its investors uneasy. Here are his suggestions for helping the tech giant 'get its mojo back.'
In an open letter published earlier today, Brad Gerstner — founder and chief executive of technology investment firm Altimeter Capital — stated that “Meta has drifted into the land of excess — too many people, too many ideas, too little urgency.” 
The letter,
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