Facebook Is In Big Trouble Says : Michael Burry

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Facebook Is In Big Trouble Says : Michael Burry

Facebook Is In Big Trouble Says : Michael Burry

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The list of critics and detractors of Mark Zuckerberg is growing day by day.

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Of course, the financial world, analysts, and investors are ruthless in their criticism of the entrepreneur's empire of social networks, Meta Platforms (META).

Of course, the financial world, analysts, and investors are ruthless in their criticism of the entrepreneur's empire of social networks, Meta Platforms (META).

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Shares of Meta have fallen 62.3% since January, or almost $570 billion, indicating this decline in market value.

Shares of Meta have fallen 62.3% since January, or almost $570 billion, indicating this decline in market value.

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Elon Musk and Mark Cuban, two other billionaires, make fun of him. Musk gave him the moniker "Zuck the Fourteenth" in apparent homage to Louis XIV of France, a king known for his hubris and excess.

Elon Musk and Mark Cuban, two other billionaires, make fun of him. Musk gave him the moniker "Zuck the Fourteenth" in apparent homage to Louis XIV of France, a king known for his hubris and excess.

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The CEO has envisioned the metaverse, which consists of Facebook, WhatsApp, and Instagram, as the future of his business.

The CEO has envisioned the metaverse, which consists of Facebook, WhatsApp, and Instagram, as the future of his business.

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"Seems Meta has a New Coke Problem," Burry posted on Twitter on Oct. 15.

"Seems Meta has a New Coke Problem," Burry posted on Twitter on Oct. 15.

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The Metaverse is frequently cited as Zuckerberg's biggest error. The billionaire, whose personal wealth has decreased by about $77.7 billion since January, is still pleading for time.

The Metaverse is frequently cited as Zuckerberg's biggest error. The billionaire, whose personal wealth has decreased by about $77.7 billion since January, is still pleading for time.