alt Hacker NewsNot 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
> Apollo allocates capital as their day job. Mag7 allocates by vibes
Lol what in the world? Is running a trillion dollar corporation anything other than allocating capital?
You can argue that Meta made a poor capital allocation decision with VR and perhaps continues to do so with AI.