logoalt Hacker News

roborortoday at 3:05 PM1 replyview on HN

If we're doing money=smart, the mag 7 control almost $4T in assets and cash, so wouldn't you trust them even more?


Replies

toomuchtodotoday at 3:11 PM

Not based on the evidence of how they allocate capital. Meta wasted $80B on the Metaverse, for example. Apollo allocates capital as their day job. Mag7 allocates by vibes.

https://finance.yahoo.com/sectors/technology/articles/mark-z...

https://www.nytimes.com/2026/03/19/technology/mark-zuckerber... | https://archive.today/iEGAj

show 1 reply