Despite the risks, Zuckerberg's strategy is supported by Meta's strong financial position, with its stock up 168% over the past year and a market value of over $1 trillion. Whether Zuckerberg will eventually step down to pursue other interests, as Bezos did with space exploration, remains uncertain. However, it is clear that Zuckerberg's plans for Meta over the next decade are taking shape.
Key takeaways:
- Mark Zuckerberg, unlike other tech company founders, has not yet handed over the reins of Facebook, which he co-founded almost 20 years ago.
- Zuckerberg is making long-term bets on the metaverse and artificial general intelligence (AGI), despite these being expensive and not guaranteed to succeed.
- Despite the risks, Meta's stock has risen 168% over the past year, pushing its value to just over $1 trillion and Zuckerberg's net worth to $142 billion.
- Zuckerberg's plan for the next decade at Meta is becoming clear, but whether he will ever step down as CEO remains to be seen.