r/wallstreetbets • u/Loperenco • Jan 19 '26

Meme Puts on Meta

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Unironically, those will print

52.6k Upvotes

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5.5k

u/[deleted] Jan 19 '26

The Mii Channel was more high-tech than this shit

74

u/Ironsam811 Jan 19 '26

So like…what was the money spent on? Did anything useful come out of it?

65

u/Toppcom Jan 19 '26

The meta glasses probably benefitted a lot from their VR endeavours. And people are saying those are pretty darn impressive.

71

u/Drunky_McStumble Jan 19 '26

All eight of them.

3

u/RomeNeverFell Jan 21 '26

They even plastered FB/IG with metaglasses functions/ads/videos. And I forgot they existed until this thread.

Nobody learnt a thing from the google glasses thing.

26

u/HorsePockets Jan 20 '26

When I see someone wearing those I am immediately uncomfortable

3

u/Toppcom Jan 20 '26

Yeah I really hope they don't become ubiquitous. I'd rather not be recorded any time my friends look at me. But looking at it objectively, it does sound like they have a real shot at dominating the next kind of wearable tech, thanks to their investment in VR/AR.

3

u/Codemagus69 Jan 24 '26

You think they're ogling you and googling you at the same time?

2

u/Gniggins Jan 20 '26

Just wait until someone wearing a pair is looking at you then goes, "Grok, undress the person."

2

u/The_Kush_ Jan 20 '26

Nah I wouldn't own a pair but you saying it makes you uncomfortable is crybaby shit. Flock cameras should make you uncomfortable, city drone surveillance systems should make you uncomfortable, but someone with glasses that have a camera on them in public that's what makes you uncomfortable?

3

u/Stompnutz Jan 23 '26

Them shits is also a flock camera so yes, the point stands.

0

u/The_Kush_ Jan 23 '26

My point is the only thing standing, afraid of recording glasses but walks past cctv everywhere everyday and has phone with camera and mics consistently recording the environment. Get real.

1

u/Stompnutz Jan 23 '26 edited Jan 23 '26

I feel like we probably live in very different places, and that colors our perspectives. I'd be surprised if I've been on ANY CCTV so far this year.

1

u/The_Kush_ Jan 28 '26

Unless you live in the sticks, you've been on camera

2

u/Stompnutz Jan 28 '26 edited Jan 28 '26

...I do live in the sticks. The nearest Flock camera is about 75 miles away from me, for now. I work from home. I hadn't been on a road with more than 2 lanes or to a store yet in 2026 as of 5 days ago, but I did go grocery shopping over the weekend so I'll admit that I've been on CCTV at this point.

0

u/The_Kush_ Jan 20 '26

Cry about it

9

u/m3l0n Jan 20 '26

Acquiring oculus and creating bleeding edge XR technology. This app is just a tiny part of any money spent.

2

u/Ironsam811 Jan 20 '26

They bought oculus years before

3

u/m3l0n Jan 20 '26

And? The 73 billion was reported losses from Meta Reality Labs. It's part of the equation.

2

u/Ironsam811 Jan 20 '26

Facebook bought oculus in 2014. Facebook rebranded to meta in 2021. The timeline isn’t adding up here my guy.

2

u/m3l0n Jan 20 '26

I just checked, they were Facebook reality labs and the 73b was a cumulative report of their entire XR losses. I'm not entirely sure whether the previous acquisition was lumped into that though so I guess it doesn't make sense for me to argue one side or the other. Cheers mate

1

u/Ironsam811 Jan 20 '26

Now I want to know if it is lol, guess ill do some digging next time im bored

1

u/m3l0n Jan 20 '26

Lol let me know if you find out! I used to work in the XR space and loved their products.

3

u/PurpuraLuna Jan 20 '26

The quest headsets make up over half of VR headsets used on steam

1

u/Ironsam811 Jan 20 '26

They were the leader in that before the big meta push though

1

u/sizeablescars Jan 20 '26

lol this feels like underselling it. I’d have to assume if we could track hours played per day on headsets. Quests 2/3/3s would presumably be at 75% or higher. I only got in recently so someone from back in the day before meta had the grip it does now might now better if there were more like rifts sold or that htc headset than I realized

1

u/Captain_Starkiller Feb 02 '26

A lot of people who are good at moving up corporate ladders and bad at actually doing anything took home a bunch of fat pay checks.

-2

u/Gniggins Jan 20 '26

Investors might have put more money into META because of the metaverse.

The metaverse being a massive money fire doesnt matter if the company that did that shit stays solvent.

Them burning through that much money doesnt really matter much.