Chapter
Facebook Meta's Branding Strategy
The recent drop in Facebook's market cap by $250 billion and their previous rebranding as 'Meta', before the actual Meta product existed, has called into question the company's branding strategy and the future of the stock as a trade and for the company as a whole.
Clips
Chamath Palihapitiya talks about the recent changes in Facebook's position in the market, including their rebranding as Meta, and how it may impact the future of the company's trade.
46:12 - 55:01 (08:48)
Summary
Chamath Palihapitiya talks about the recent changes in Facebook's position in the market, including their rebranding as Meta, and how it may impact the future of the company's trade. He also discusses how the drawdown of the market affects high growth tech first, including big tech, and how they will be the last to crack.